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SAC CODE - 999633 : Original works of authors, composers and other artists except performing artists, painters and sculptors

GST RATE ON SAC CODE - 999633 IS 18%


SAC CODE Description
9996Recreational, cultural and sporting services
99963Services of performing and other artists
999633Original works of authors, composers and other artists except performing artists, painters and sculptors

Services Accounting Codes (SAC Codes) 999633 is used for the Original works of authors, composers and other artists except performing artists, painters and sculptors 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) 999633 - 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 33 represent the detailed nature of service, Original works of authors, composers and other artists except performing artists, painters and sculptors in this case.

Explanation Of SAC CODE - 999633

This service code includes original works of authors, i.e. book manuscripts, composers, i.e. the original score of music, not the copyrighted master recording produced from it, other artists other than performing artists, painters and sculptors

Note: The creation of these original works is done on own account, i.e. their production is intended for sale without either a contract or known buyer in mind.