Sac code for parking charges
Web729 rows · SAC stands for Services Accounting Code. It is a classification system for services created by the Service Tax Department of India. We can say these are codes … WebApr 15, 2024 · Such services fall under SAC code 9965, which falls under the heading “Goods Transport Services.”. The applicable GST rate for goods transport services varies depending on the mode of transport used and the distance covered. For road transport, the GST rate is 5% for distances traveled less than 150 km, 12% for distances between 150 km and ...
Sac code for parking charges
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WebJan 9, 2024 · The SAC code is a six-digit number used to classify services in India for the purpose of determining the applicable goods and services tax (GST) rate. The structure of the SAC code is as follows: The first two digits represent the “chapter” in … WebNov 2, 2024 · The toll is charged for providing the service by way of access to a road or bridge (SAC 9967). The Applicant, being the owner of the vehicles, is the recipient of the service provisioned on payment of toll. The Applicant admittedly is the beneficiary and liable to pay the toll, which is compulsorily levied on the vehicles.
WebSAC Codes and GST Rates for Goods Transport Services. 1. Services for Transportation of Goods by Land: SAC Code 996511 – Goods, such as letters, parcels, ... SAC Code 996743 – Services for parking lots; GST Rate: 18%; SAC Code 996744 – Services for towing private and commercial vehicles; Web9 hours ago · City-owned garages take reservations. The city of Sacramento is expecting a huge influx of people – with tickets and without – to be in the downtown area on Saturday. The city is encouraging ...
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WebSAC Code List SAC Code 9954 Services are classified as per the Services Accounting Code (SAC). The SAC is strictly numeric and is six digits. The first two digits are same for all services i.e. 99, the next two digits represent the major nature of service and the last two digits represent the detailed nature of service.
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