Boost Your B2B Sales with Getatoz
Get Listed FreeExplore SAC Code of thousands of services.
SAC CODE - 996812 : Courier services
GST RATE ON SAC CODE - 996812 IS 18%
| SAC CODE | Description |
|---|---|
| 9968 | Postal and courier services |
| 99681 | Postal and courier services |
| 996812 | Courier services |
Services Accounting Codes (SAC Codes) 996812 is used for the Courier services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Postal and courier services.
How Services Accounting Codes (SAC Codes) 996812 - 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 68 represent the major nature of service, Postal and courier services in this case.
The next two digits 12 represent the detailed nature of service, Courier services in this case.
Explanation Of SAC CODE - 996812
FAQs on SAC Code 996812
What is SAC Code 996812?
SAC Code 996812 refers to "Courier services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Postal and courier services".
What is the GST rate applicable on SAC Code 996812?
The GST rate for SAC Code 996812 is 18%. GST rates are subject to change based on government notifications.
Which services are covered under SAC Code 996812?
SAC Code 996812 generally covers services related to "Courier services" under the category "Postal and courier services" as defined in GST service classification.
Is SAC Code 996812 the same as HSN Code 996812?
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 996812 derived?
SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Postal and courier services", and the last two digits specify the detailed nature of the service "Courier services".
Where can I verify the latest GST rate for SAC Code 996812?
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.