Boost Your B2B Sales with Getatoz
Get Listed FreeExplore SAC Code of thousands of services.
SAC CODE - 999432 : Hazardous waste treatment and disposal services
GST RATE ON SAC CODE - 999432 IS 18%
Services Accounting Codes (SAC Codes) 999432 is used for the Hazardous waste treatment and disposal services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Sewage and waste collection, treatment and disposal and other environmental protection services.
How Services Accounting Codes (SAC Codes) 999432 - 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 94 represent the major nature of service, Sewage and waste collection, treatment and disposal and other environmental protection services in this case.
The next two digits 32 represent the detailed nature of service, Hazardous waste treatment and disposal services in this case.
Explanation Of SAC CODE - 999432
- treatment to reduce, eliminate, or transform hazardous waste
- Note: Processes include biological, chemical, and/or physical procedures or incineration. These procedures may lead to a disposable residual or result in the recovery of a recyclable material.
- disposal services for hazardous waste at a facility that meets legal standards for the disposal of hazardous waste, such as at approved controlled containment facilities or landfills
FAQs on SAC Code 999432
What is SAC Code 999432?
SAC Code 999432 refers to "Hazardous waste treatment and disposal services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Sewage and waste collection, treatment and disposal and other environmental protection services".
What is the GST rate applicable on SAC Code 999432?
The GST rate for SAC Code 999432 is 18%. GST rates are subject to change based on government notifications.
Which services are covered under SAC Code 999432?
This service code includes:treatment to reduce, eliminate, or transform hazardous wasteNote: Processes include biological, chemical, and/or physical procedures or incineration. These procedures may lead to a disposable residual or result in…
Is SAC Code 999432 the same as HSN Code 999432?
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 999432 derived?
SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Sewage and waste collection, treatment and disposal and other environmental protection services", and the last two digits specify the detailed nature of the service "Hazardous waste treatment and disposal services".
Where can I verify the latest GST rate for SAC Code 999432?
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.