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SAC CODE - 999598 : Home owners associations
GST RATE ON SAC CODE - 999598 IS 18%
| SAC CODE | Description |
|---|---|
| 9995 | Services of membership organizations |
| 99959 | Services furnished by other membership organizations |
| 999598 | Home owners associations |
Services Accounting Codes (SAC Codes) 999598 is used for the Home owners 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) 999598 - 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 98 represent the detailed nature of service, Home owners associations in this case.
Explanation Of SAC CODE - 999598
This service code includes:
- services provided by homeowners' associations and tenants' associations (other than advocacy)