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SAC CODE - 999622 : Performing arts event production and presentation services
GST RATE ON SAC CODE - 999622 IS 18%
Services Accounting Codes (SAC Codes) 999622 is used for the Performing arts event production and presentation 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) 999622 - 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 22 represent the detailed nature of service, Performing arts event production and presentation services in this case.
Explanation Of SAC CODE - 999622
This service code includes:
1. production and presentation services for:
- theatre, opera, ballet, musical and concert performances
- puppet shows
- circus and other performances