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SAC CODE - 996741 : Bus station services

GST RATE ON SAC CODE - 996741 IS 18%


SAC CODE Description
9967Supporting services in transport
99674Supporting services for road transport
996741Bus station services

Services Accounting Codes (SAC Codes) 996741 is used for the Bus station services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Supporting services in transport.

How Services Accounting Codes (SAC Codes) 996741 - 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 67 represent the major nature of service, Supporting services in transport in this case.

The next two digits 41 represent the detailed nature of service, Bus station services in this case.

Explanation Of SAC CODE - 996741

This service code includes passenger terminal services in connection with urban, suburban and interurban bus passenger transport (sale of tickets, reservations, luggage office, left-luggage office)

This service code does not include: 
  1. baggage and freight handling services :- 996719

FAQs on SAC Code 996741

What is SAC Code 996741?

SAC Code 996741 refers to "Bus station services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Supporting services in transport".

What is the GST rate applicable on SAC Code 996741?

The GST rate for SAC Code 996741 is 18%. GST rates are subject to change based on government notifications.

Which services are covered under SAC Code 996741?

This service code includes passenger terminal services in connection with urban, suburban and interurban bus passenger transport (sale of tickets, reservations, luggage office, left-luggage office)This service code does not include: ba…

Is SAC Code 996741 the same as HSN Code 996741?

No. SAC codes are used for services, whereas HSN codes are used for goods. Since services fall under GST Chapter 99, SAC codes are sometimes informally referred to as HSN codes in common searches.

How is SAC Code 996741 derived?

SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Supporting services in transport", and the last two digits specify the detailed nature of the service "Bus station services".

Where can I verify the latest GST rate for SAC Code 996741?

You can verify the latest and applicable GST rate from the official CBIC website at https://www.cbic.gov.in.

Disclaimer: The information provided above is for general reference only. SAC descriptions and GST rates are subject to change based on notifications issued by the Government of India. Users are advised to verify the latest and applicable details from the official CBIC (Central Board of Indirect Taxes & Customs) website.