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SAC CODE - 999651 : Sports and recreational sports event promotion and organization services
GST RATE ON SAC CODE - 999651 IS 18%
| SAC CODE | Description |
|---|---|
| 9996 | Recreational, cultural and sporting services |
| 99965 | Sports and recreational sports services |
| 999651 | Sports and recreational sports event promotion and organization services |
Services Accounting Codes (SAC Codes) 999651 is used for the Sports and recreational sports event promotion and organization 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) 999651 - 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 51 represent the detailed nature of service, Sports and recreational sports event promotion and organization services in this case.
Explanation Of SAC CODE - 999651
- services provided by producers or promoters of sports events, with or without facilities
- organization and management of sports events by sports clubs offering the opportunity for sports, e.g., football clubs, bowling clubs, swimming clubs, golf clubs, boxing clubs, body-building clubs, winter sports clubs, chess clubs, track and field clubs, etc.