SAC Codes for Services

Section NumberService Heading Number Group Number SAC Code Service Detail Service Description
Section 7Financial And Related Services, Real Estate Services, Rental And Leasing Services997399732997321Leasing Or Rental Services Concerning Other GoodsLeasing Or Rental Services Concerning Televisions, Radios, Video Cassette Recorders, Projectors, Audio Systems And Related Equipment And Accessories (Home Entertainment Equipment )

The Leasing Or Rental Services Concerning Televisions, Radios, Video Cassette Recorders, Projectors, Audio Systems And Related Equipment And Accessories (Home Entertainment Equipment ) are categorized by the Code 997321 under Services Accounting Codes (SAC Codes) for Goods and Service Tax classification. This service comes under Leasing Or Rental Services Concerning Other Goods, Section 7 - Financial And Related Services, Real Estate Services, Rental And Leasing Services. Heading number of this service is 9973 and the group number is 99732. These codes are mandatory mapping/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