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SAC CODE - 999520 : Services furnished by trade unions
GST RATE ON SAC CODE - 999520 IS 18%
| SAC CODE | Description |
|---|---|
| 9995 | Services of membership organizations |
| 99952 | Services furnished by trade unions |
| 999520 | Services furnished by trade unions |
Services Accounting Codes (SAC Codes) 999520 is used for the Services furnished by trade unions under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Services of membership organizations.
How Services Accounting Codes (SAC Codes) 999520 - 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 95 represent the major nature of service, Services of membership organizations in this case.
The next two digits 20 represent the detailed nature of service, Services furnished by trade unions in this case.
Explanation Of SAC CODE - 999520
This service code includes:
- representation, negotiation, and information dissemination services of members' views concerning the work situation and organizational services for concerted action, provided by associations whose members are mainly employees