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SAC CODE - 999692 : Gambling and betting services including similar online services
GST RATE ON SAC CODE - 999692 IS 28%
| SAC CODE | Description |
|---|---|
| 9996 | Recreational, cultural and sporting services |
| 99969 | Other amusement and recreational services |
| 999692 | Gambling and betting services including similar online services |
Services Accounting Codes (SAC Codes) 999692 is used for the Gambling and betting services including similar online 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) 999692 - 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 92 represent the detailed nature of service, Gambling and betting services including similar online services in this case.
Explanation Of SAC CODE - 999692
This service code includes:
- on-line gambling services
- on-line games involving betting/gambling.
- off-track betting,
- casino and gambling house services
- gambling slotmachine services
- other similar services