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SAC CODE - 999432 : Hazardous waste treatment and disposal services
GST RATE ON SAC CODE - 999432 IS 18%
Services Accounting Codes (SAC Codes) 999432 is used for the Hazardous waste treatment and disposal services 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) 999432 - 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 32 represent the detailed nature of service, Hazardous waste treatment and disposal services in this case.
Explanation Of SAC CODE - 999432
- treatment to reduce, eliminate, or transform hazardous waste
- Note: Processes include biological, chemical, and/or physical procedures or incineration. These procedures may lead to a disposable residual or result in the recovery of a recyclable material.
- disposal services for hazardous waste at a facility that meets legal standards for the disposal of hazardous waste, such as at approved controlled containment facilities or landfills