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SAC CODE - 999259 : Specialised education services

GST RATE ON SAC CODE - 999259 IS 18%


Services Accounting Codes (SAC Codes) 999259 is used for the Specialised education services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Education services.

How Services Accounting Codes (SAC Codes) 999259 - 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 92 represent the major nature of service, Education services in this case.

The next two digits 59 represent the detailed nature of service, Specialised education services in this case.

Explanation Of SAC CODE - 999259

This service code includes education services leading to an advanced research qualification, such as a doctoral degree, in various fields.