WebJan 21, 2024 · SAC refers to the 6-digit code in GST under GST law. For example, the SAC for IT design and development services is 998314. For all services, the first two digits of the SAC are the same, which is 99. In this case, the major type of services will be represented by the middle two digits (83) are IT services. WebCGST - 2.5%. SGST - 2.5%. IGST - 5%. 9967. (i) Services of goods transport agency (GTA) in relation to transportation of goods (including used household goods for personal use). Explanation.- "goods transport agency" means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name ...
All you need to know about HSN code - The Economic Times
WebApr 15, 2024 · I am enclosing herewith list of illustrative SAC classification of services as applicable from July 1,2024. Please note that no specific exemption was available for non-quoting of SAC from the day one of GST Act 2024 Note: All users are requested to verify the classifications before relying on the compilation presented below. WebMay 1, 2024 · On the other hand the SAC means the Service Accounting Code under which services are ... icd 10 code for left cmc arthroplasty
Service Accounting Code (SAC) under GST - Masters India
Web GST Calculator With HSN Code / SAC Code Information GST calculator is specially designed to calculate the India GST on Goods and services available in India. You can select the … WebMar 16, 2024 · Thus, it is important to mention the correct HSN/SAC Code at the time of enrollment or registration. 2. GST Rate If the taxpayer is aware of the HSN or SAC code of the good or service, he can determine the applicable GST Rate. 3. GST Invoice When a seller issues invoice for the goods or services sold, he should mention the HSN or SAC Code in ... WebApr 1, 2024 · SAC code stands for Services Accounting. This is issued by Central Board of Indirect Taxes and Customs (CBIC) to classify each service under GST. Each service has a unique SAC. These SAC codes can be used in invoices created by you for the services you delivered. HSN and SAC codes are used to classify goods and services under GST regime. icd 10 code for left fifth toe injury