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SAC CODE - 99971 : Washing, cleaning and dyeing services
Services Accounting Codes (SAC Codes) 99971 is used for the Washing, cleaning and dyeing 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 services.
Explanation Of SAC CODE - 99971
FAQs on SAC Code 99971
What is SAC Code 99971?
SAC Code 99971 refers to "Washing, cleaning and dyeing services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Other services".
What is the GST rate applicable on SAC Code 99971?
The GST rate for SAC Code 99971 is 18%. GST rates are subject to change based on government notifications.
Which services are covered under SAC Code 99971?
SAC Code 99971 generally covers services related to "Washing, cleaning and dyeing services" under the category "Other services" as defined in GST service classification.
Is SAC Code 99971 the same as HSN Code 99971?
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 99971 derived?
SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Other services", and the last two digits specify the detailed nature of the service "Washing, cleaning and dyeing services".
Where can I verify the latest GST rate for SAC Code 99971?
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.