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SAC CODE - 999629 : Other performing arts and live entertainment services n.e.c.
GST RATE ON SAC CODE - 999629 IS 18%
Services Accounting Codes (SAC Codes) 999629 is used for the Other performing arts and live entertainment services 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 Recreational, cultural and sporting services.
How Services Accounting Codes (SAC Codes) 999629 - 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 29 represent the detailed nature of service, Other performing arts and live entertainment services n.e.c. in this case.
Explanation Of SAC CODE - 999629
This service code includes management services for rights attached to artistic, literary, musical works; services ancillary to entertainment not elsewhere classified, such as operation of scenery and backdrops, operation of lighting and sound equipment for the performing arts