What is the Role of SAC Code List under Goods and Services Tax?

In India under GST, all the goods and services are transacted. Goods are classified under HSN code and services are classified under the SAC Code.

SAC Code is also called as Services Accounting Code that is a classification system for services developed by the Service Tax Department of India. All the services under SAC Code in GST are fixed into 5 slabs known as 0%, 5%, 12%, 18%, and 28%. These codes are issued by CBSE to categorize every service under GST. Every service has a unique SAC code and used in invoices created by you for the services you delivered.

Check out the SAC Code List Under GST Below

The below mentioned table reveals SAC Code List in GST tax slabs, here are listed some of the main services. For a complete list, you can check out online web portals.

SAC Code	Description of Services	Rate (%)	Effective From
9954	Services offered by labor contracts of construction, maintenance, fitting out, completion, renovation, etc.	0%	28/6/2017
9954	Services offered by labor contracts of installation of original works, construction erection, and commissioning.	0%	28/6/2017
9954	Other construction services	18%	28/6/2017
9954	Composite supply of works contract as defined in clause 119 of section 2 of CGST Act, 2017.	18%	28/6/2017
9954	Affordable housing by the union or state territory of urban development authority under the housing for all mission/ Pradhan mantra Aawas Yojana	12%	25/01/2018
9954	A building used for carrying out activities including centralized cooking or distribution for mid-day meals under the mid-day meal scheme	12%	25/01/2018
9954	Services like housekeeping, carpentering, plumbing, etc.	5%	25/01/2018
995433	Earthmoving and excavating services	18%	28/6/2017
9996	Services offered by a race club by way of totalizator or a license to the bookmaker in such club	28%	28/6/2017

Above mentioned SAC Codes are also called as SAC Number and you should have to know the right number of your service to easily classify that service under goods and services tax.

What is the Difference between SAC Code and HSN Code?

HSN Code means the Harmonized System of Nomenclature Code used for categorizing the products under GST. On the other side, SAC Code means Services Accounting Code under which services fall under GST are classified. Both codes are important and used to categorize products and services under the GST regime in India.

SAC Code and GST Rates Finder

Are you looking for GST Rates India and SAC Code Finder? Then, you have to consult online market research experts that provide this tool to find out accurate SAC Code List of your service as well as the GST rates of your product.

Still have an issue related to SAC Code and GST Rate? Visit our export import data consultants at Seair Exim Solutions. We will assist you on you desired concern.