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SAC CODE - 998326 : Rural land planning services

GST RATE ON SAC CODE - 998326 IS 18%


SAC CODE Description
9983Other professional, technical and business services
99832Architectural services, urban and land planning and landscape architectural services
998326Rural land planning services

Services Accounting Codes (SAC Codes) 998326 is used for the Rural land planning services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other professional, technical and business services.

How Services Accounting Codes (SAC Codes) 998326 - 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 83 represent the major nature of service, Other professional, technical and business services in this case.

The next two digits 26 represent the detailed nature of service, Rural land planning services in this case.

Explanation Of SAC CODE - 998326

This service code includes development of plans that describe the long-term objectives of rural areas for the development of infrastructure, housing, industry, commercial, recreational and other facilities; comprehensive plans covering a large geographical area, for a lengthy time period

FAQs on SAC Code 998326

What is SAC Code 998326?

SAC Code 998326 refers to "Rural land planning services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Other professional, technical and business services".

What is the GST rate applicable on SAC Code 998326?

The GST rate for SAC Code 998326 is 18%. GST rates are subject to change based on government notifications.

Which services are covered under SAC Code 998326?

This service code includes development of plans that describe the long-term objectives of rural areas for the development of infrastructure, housing, industry, commercial, recreational and other facilities; comprehensive plans covering a la…

Is SAC Code 998326 the same as HSN Code 998326?

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 998326 derived?

SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Other professional, technical and business services", and the last two digits specify the detailed nature of the service "Rural land planning services".

Where can I verify the latest GST rate for SAC Code 998326?

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.