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SAC CODE - 999614 : Motion picture, videotape and television programme distribution services

GST RATE ON SAC CODE - 999614 IS 18%


Services Accounting Codes (SAC Codes) 999614 is used for the Motion picture, videotape and television programme distribution services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Recreational, cultural and sporting services.

How Services Accounting Codes (SAC Codes) 999614 - 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 96 represent the major nature of service, Recreational, cultural and sporting services in this case.

The next two digits 14 represent the detailed nature of service, Motion picture, videotape and television programme distribution services in this case.

Explanation Of SAC CODE - 999614

This service code includes:
  1. distribution of audiovisual works, including granting permission to exhibit, broadcast and rent audiovisual works that are implicitly or explicitly protected by a copyright owned or controlled by the licensor, usually intended for theatres, television, home video market etc., such as live action or animated films, videos, digital media, etc.
  2. management services for motion picture rights
Note: This product is transacted between the distributor and the exhibitor, television network, television station, video rental store etc.

This service code does not include:
  1.  licensing services (by the copyright holder) for the right to reproduce, distribute or incorporate audiovisual originals :- 997332