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SAC CODE - 99894 : Materials recovery (recycling) services, on a fee or contract basis


SAC CODE Description
9989Other manufacturing services; publishing, printing and reproduction services; materials recovery services
99894Materials recovery (recycling) services, on a fee or contract basis
998941Metal waste and scrap recovery (recycling) services, on a fee or contract basis
998942Non-metal waste and scrap recovery (recycling) services, on a fee or contract basis

Services Accounting Codes (SAC Codes) 99894 is used for the Materials recovery (recycling) services, on a fee or contract basis under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other manufacturing services; publishing, printing and reproduction services; materials recovery services.

Explanation Of SAC CODE - 99894

This service code includes processing services of non-metal waste and scrap and of non-metal articles, whether or not used, into secondary raw material. Typical input consists of waste and scrap being sorted or unsorted but always unfit for further direct use in an industrial process, whereas the output is made fit for further processing and is to be considered then as an intermediate good. A process is required, either mechanical or chemical like
  1. reclaiming of rubber such as used tires to produce secondary raw material; sorting and pelleting of plastics to produce secondary raw material for tubes, flower pots, pallets and the like;
  2. reclaiming of chemicals from chemical waste;
  3. crushing, cleaning and sorting of glass;
  4. crushing, cleaning and sorting of other waste such as demolition waste to obtain secondary raw material
This service code does not include:
  1. wholesale trade services in waste and scrap including collecting, sorting, packing, dealing, etc. without an industrial process :- 996111

FAQs on SAC Code 99894

What is SAC Code 99894?

SAC Code 99894 refers to "Materials recovery (recycling) services, on a fee or contract basis" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Other manufacturing services; publishing, printing and reproduction services; materials recovery services".

What is the GST rate applicable on SAC Code 99894?

The GST rate for SAC Code 99894 is 18%. GST rates are subject to change based on government notifications.

Which services are covered under SAC Code 99894?

This service code includes processing services of non-metal waste and scrap and of non-metal articles, whether or not used, into secondary raw material. Typical input consists of waste and scrap being sorted or unsorted but always unfit for…

Is SAC Code 99894 the same as HSN Code 99894?

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 99894 derived?

SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Other manufacturing services; publishing, printing and reproduction services; materials recovery services", and the last two digits specify the detailed nature of the service "Materials recovery (recycling) services, on a fee or contract basis".

Where can I verify the latest GST rate for SAC Code 99894?

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.