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SAC CODE - 999900 : Services provided by extraterritorial organizations and bodies
GST RATE ON SAC CODE - 999900 IS NIL
Services Accounting Codes (SAC Codes) 999900 is used for the Services provided by extraterritorial organizations and bodies under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Services provided by extraterritorial organizations and bodies..
How Services Accounting Codes (SAC Codes) 999900 - 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 99 represent the major nature of service, Services provided by extraterritorial organizations and bodies. in this case.
The next two digits 00 represent the detailed nature of service, Services provided by extraterritorial organizations and bodies in this case.
Explanation Of SAC CODE - 999900
- services provided by embassies and representations from other countries
- services provided by international organizations such as the United Nations and its specialized agencies or regional bodies, etc., the Organization of American States, the European Union, the African Union, the League of Arab States, the Organisation for Economic Co-operation and Development, the World Customs Organization, the Organization of Petroleum Exporting Countries and other international bodies or extraterritorial units