Table of Contents
What is the SAC code for services?
9954
SAC Code 9954. Services are classified as per the Services Accounting Code (SAC). The SAC is strictly numeric and is six digits. The first two digits are same for all services i.e. 99, the next two digits represent the major nature of service and the last two digits represent the detailed nature of service.
What is code 998314?
SAC Code 998314 is used for the Management consulting and management services; information technology services. under Services Accounting Codes (SAC Codes) for Goods and Service Tax classification.
How can I add service code in GST registration?
Step 1: Go to GST home page by clicking www.gst.gov.in. Step 2: Login with the provided credentials to GST portal. Step 3: Click on ‘Services’ tab from the main menu, hover the mouse on ‘Registration’ tab under services. Step 4: Click on ‘Amendment Of Registration Core Fields’ to open the link.
What is sac code and GST rate for website and software development?
SAC Code is applicable for services and stands for Services Accounting Code. SAC code was initially introduced by the Service Tax department and was later adopted under GST as well. In this article, we look at the SAC code and GST rate applicable for website and software development services in India.
What is the meaning of SAC in GST?
There is no concept of SAC in GST. SAC were used in Service Tax era which were Department’s internal accounting and reporting code for services. Assessee were not supposed to mention them anywhere, these codes just appear in your RC.
What are the GST codes under GST for services?
SAC codes under GST for services – 99, 9954, 9961, 9962, 9963, 9964, 9965, 9966, 9967, 9968, 9969, 9971, 9972, 9973, 9981, 9982, 9983, 9984, 9985 etc
What is the SAC code for website and software development?
Website and software development fall under Group 99831 of SAC codes which pertains to management consulting and management services or information technology services. Under this category, website and software development would fall under the category of Information technology (IT) design and development services which has a SAC code of 998314.