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SAC CODE - 999422 : Collection services of non-hazardous recyclable materials
GST RATE ON SAC CODE - 999422 IS 18%
Services Accounting Codes (SAC Codes) 999422 is used for the Collection services of non-hazardous recyclable materials under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Sewage and waste collection, treatment and disposal and other environmental protection services.
How Services Accounting Codes (SAC Codes) 999422 - 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 94 represent the major nature of service, Sewage and waste collection, treatment and disposal and other environmental protection services in this case.
The next two digits 22 represent the detailed nature of service, Collection services of non-hazardous recyclable materials in this case.
Explanation Of SAC CODE - 999422
- waste collection specifically designed for the collection of non-hazardous recyclable materials:
- whether presorted or commingled waste, such as cardboard, paper, plastic, glass, aluminium, steel and organic yard waste from residential locations, including curbside collection, back door collection or automated collection on a flexible or regular schedule
- whether presorted or commingled, such as cardboard, paper, plastic, glass, aluminium, steel, and other recyclable materials from non-residential locations, on a regular or flexible schedule