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SAC CODE - 999134 : Administrative services related to family and child allowance programmes
GST RATE ON SAC CODE - 999134 IS 18%
Services Accounting Codes (SAC Codes) 999134 is used for the Administrative services related to family and child allowance programmes under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Public administration and other services provided to the community as a whole; compulsory social security services.
How Services Accounting Codes (SAC Codes) 999134 - is Derived?
A uniform format is followed to generate the Service Accounting Code.
The first two digits are 99 always for services.
The next two digits 91 represent the major nature of service, Public administration and other services provided to the community as a whole; compulsory social security services in this case.
The next two digits 34 represent the detailed nature of service, Administrative services related to family and child allowance programmes in this case.
Explanation Of SAC CODE - 999134
- public administrative, operational and support services related to income assistance for households and families with dependent children
- administrative services related to payments to families with dependent children whether or not an income recipient is part of the household
- administrative services related to payment to households on a per-child basis, regardless of needs