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SAC CODE - 999599 : Services provided by other membership organizations n.e.c.
GST RATE ON SAC CODE - 999599 IS 18%
| SAC CODE | Description |
|---|---|
| 9995 | Services of membership organizations |
| 99959 | Services furnished by other membership organizations |
| 999599 | Services provided by other membership organizations n.e.c. |
Services Accounting Codes (SAC Codes) 999599 is used for the Services provided by other membership organizations n.e.c. 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) 999599 - 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 99 represent the detailed nature of service, Services provided by other membership organizations n.e.c. in this case.
Explanation Of SAC CODE - 999599
This service code includes:
- services provided by homeowners' associations and tenants' associations (other than advocacy)
- services provided by membership organizations n.e.c.
- services provided by associations for the protection and betterment of special groups, such as disability, ethnic and minority groups by means of public education, political influence, the support of community and social activities and facilities, etc.
- other services provided by membership organizations for the purpose of furthering a public cause or issue by means of public education, political influence, etc.
- services provided by patriotic associations, including war veterans' associations
- other services provided by organizations in support of community, social and educational activities and facilities