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SAC CODE - 999594 : Cultural and recreational associations
GST RATE ON SAC CODE - 999594 IS 18%
SAC CODE | Description |
---|---|
9995 | Services of membership organizations |
99959 | Services furnished by other membership organizations |
999594 | Cultural and recreational associations |
Services Accounting Codes (SAC Codes) 999594 is used for the Cultural and recreational associations 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) 999594 - 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 94 represent the detailed nature of service, Cultural and recreational associations in this case.
Explanation Of SAC CODE - 999594
This service code includes:
- associations for the pursuit of a cultural or recreational activity or hobby (other than sports or games), e.g., poetry, literature and book clubs, historical clubs, gardening clubs, film and photo clubs, music and art clubs, craft and collectors' clubs, social clubs, carnival clubs etc.
This service code does not include:
- services of professional artistic organizations :- 999621
- services of sports clubs :- 999652