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SAC CODE - 996761 : Airport operation services (excl. cargo handling)
GST RATE ON SAC CODE - 996761 IS 18%
| SAC CODE | Description |
|---|---|
| 9967 | Supporting services in transport |
| 99676 | Supporting services for air or space transport |
| 996761 | Airport operation services (excl. cargo handling) |
Services Accounting Codes (SAC Codes) 996761 is used for the Airport operation services (excl. cargo handling) 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) 996761 - 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 61 represent the detailed nature of service, Airport operation services (excl. cargo handling) in this case.
Explanation Of SAC CODE - 996761
- air terminal cargo-handling services :- 996711 & 996719
- runway cleaning and snow removal services :- 999451
FAQs on SAC Code 996761
What is SAC Code 996761?
SAC Code 996761 refers to "Airport operation services (excl. cargo handling)" 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 996761?
The GST rate for SAC Code 996761 is 18%. GST rates are subject to change based on government notifications.
Which services are covered under SAC Code 996761?
This service code includes passenger air terminal services and ground services on air fields, including runway operating services. This service code does not include: air terminal cargo-handling services :- 996711 & 996719&nbs…
Is SAC Code 996761 the same as HSN Code 996761?
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 996761 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 "Airport operation services (excl. cargo handling)".
Where can I verify the latest GST rate for SAC Code 996761?
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.