Boost Your B2B Sales with Getatoz

Get Listed Free
Browse SAC Code

Explore SAC Code of thousands of services.

SAC CODE - 998821 : Textile manufacturing services

GST RATE ON SAC CODE - 998821 IS 18%


SAC CODE Description
9988Manufacturing services on physical inputs (goods) owned by others
99882Textile, wearing apparel and leather manufacturing services
998821Textile manufacturing services

Services Accounting Codes (SAC Codes) 998821 is used for the Textile manufacturing services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Manufacturing services on physical inputs (goods) owned by others.

How Services Accounting Codes (SAC Codes) 998821 - 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 88 represent the major nature of service, Manufacturing services on physical inputs (goods) owned by others in this case.

The next two digits 21 represent the detailed nature of service, Textile manufacturing services in this case.

Explanation Of SAC CODE - 998821

This service code includes textile fibre manufacturing services, textile weaving services, textile finishing services, knitted and crocheted fabric manufacturing services, made-up textile article manufacturing services, carpet and rug manufacturing services, cordage, rope, twine and netting manufacturing services and other textile manufacturing services n.e.c.

FAQs on SAC Code 998821

What is SAC Code 998821?

SAC Code 998821 refers to "Textile manufacturing services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Manufacturing services on physical inputs (goods) owned by others".

What is the GST rate applicable on SAC Code 998821?

The GST rate for SAC Code 998821 is 18%. GST rates are subject to change based on government notifications.

Which services are covered under SAC Code 998821?

This service code includes textile fibre manufacturing services, textile weaving services, textile finishing services, knitted and crocheted fabric manufacturing services, made-up textile article manufacturing services, carpet and rug manuf…

Is SAC Code 998821 the same as HSN Code 998821?

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 998821 derived?

SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Manufacturing services on physical inputs (goods) owned by others", and the last two digits specify the detailed nature of the service "Textile manufacturing services".

Where can I verify the latest GST rate for SAC Code 998821?

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.