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SAC CODE - 999220 : Primary education services
GST RATE ON SAC CODE - 999220 IS NIL
| SAC CODE | Description |
|---|---|
| 9992 | Education services |
| 99922 | Primary education services |
| 999220 | Primary education services |
Services Accounting Codes (SAC Codes) 999220 is used for the Primary education services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Education services.
How Services Accounting Codes (SAC Codes) 999220 - 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 92 represent the major nature of service, Education services in this case.
The next two digits 20 represent the detailed nature of service, Primary education services in this case.
Explanation Of SAC CODE - 999220
FAQs on SAC Code 999220
What is SAC Code 999220?
SAC Code 999220 refers to "Primary education services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Education services".
What is the GST rate applicable on SAC Code 999220?
The GST rate for SAC Code 999220 is NIL. GST rates are subject to change based on government notifications.
Which services are covered under SAC Code 999220?
This service code includes educational services provided at the first level i.e., from classes I to V; primary education provided under education guarantee scheme and alternative and innovative scheme; Provision of literacy programmes for a…
Is SAC Code 999220 the same as HSN Code 999220?
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 999220 derived?
SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Education services", and the last two digits specify the detailed nature of the service "Primary education services".
Where can I verify the latest GST rate for SAC Code 999220?
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.