SAC Codes for Services

Section NumberService Heading Number Group Number SAC Code Service Detail Service Description
Section 8Business And Production Services998299822998221Accounting, Auditing And Bookkeeping ServicesFinancial Auditing Services

Code 998221 is used for the Financial Auditing Services under Services Accounting Codes (SAC Codes) for Goods and Service Tax classification. This service comes under Accounting, Auditing And Bookkeeping Services, Section 8 - Business And Production Services. Heading number of this service is 9982 and the group number is 99822. These codes are mandatory mapping or classification of services that need to be used by a taxpayer.

When services are recognised via their specific SAC Codes, which are globally acceptable. The identification of services becomes easy, and resultantly possibilities of misinterpretation tend to reduce. While filing GST returns online, HSN code in respect of the supply of goods and SAC Code in respect of the supply of services will have to be uploaded, and there will be no need for entering the description of the goods or services while filing GST returns.

 

1970-01-01