Sanjeev Pati (Accountant) (250 Points)
06 July 2017Dear all...
I want to know is SAC code change in GST....
Means before GST our SAC code was 00440013 for Advertising agency... but now i have seen in many website SAC code for Advertising agency is 998361...
What is correct 00440013 or 998361 ???
Please help...
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161206 Points)
Replied 06 July 2017
44 series was for Service tax coding..........
99 series has been introduced under GST to replace old 44 series......
At present both are accepted but better to adopt 99 series.......
Sachin Rajput
(account exe)
(593 Points)
Replied 06 July 2017
Yes they have changed SAC code but not clarification yet. Who has migrated from old tax regime to GST got old SAC.
I hope departement issue notification in this regard.
Sanjeev Pati
(Accountant)
(250 Points)
Replied 06 July 2017
But now we have to bill because 6 days already delay...
SAC code is mandatory to show in bill....
Someone says its 440013 & someone says its 998361...
Too many confusion regarding this....
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
Both can been taken as SAC 00440013 was under ST and the newly proposed 998361 is under GST. and i believe those who directly register under GST (not migrating from ST) will be able to take 998361 SAC.
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
While migrating from VAT & ST (as VAT & ST is merged under GST) to GST one has to select the SAC/HSN of VAT & ST. The same will be taken in GST as it goes under verification process.
Sanjeev Pati
(Accountant)
(250 Points)
Replied 10 July 2017
Earlier we was registered in VAT, ST & Excise.... in this time we have migrated in GST through VAT ..
But now we are working in all ..(Goods and Services also)
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
Sanjeev Pati
(Accountant)
(250 Points)
Replied 10 July 2017
we have shared the details but hvn't shared the SAC & HSN code...
Too much confusion now in SAC/HSN & Rate of %..
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
While migrating to GST you need to mention the HSN & SAC of VST & ST under the "Details of Goods / Commodities supplied by the Business" as per Annexure – I, without sharing these details one cannot be able to file the Form without mentioning nature of business under VAT & ST.
Sanjeev Pati
(Accountant)
(250 Points)
Replied 10 July 2017
Details of Additional Places of Business
Total Number of Additional Places Refer Annexure – I for details
Details of Goods / Commodities supplied by the Business
Page - 2
Sr. No. Descripttion of Goods HSN Code
1 PHOTOGRAPHIC (OTHER THAN CINEMATOGRAPHIC) CAMERAS;
PHOTOGRAPHIC FLASHLIGHT APPARATUS AND FLASH BULBS
OTHER THAN DISCHARGE LAMPS OF HEADING 8539 CAMERAS
OF A KIND USED FOR PREPARING PRINTING PLATES OR
CYLINDERS
90061000
2 CALENDARS OF ANY KIND, PRINTED, INCLUDING CALENDAR
BLOCKS - CALENDARS OF ANY KIND, PRINTED, INCLUDING
CALENDAR BLOCKS
49100010
We have mention only these items while migrating in GST...
But now what will we do for the other codes....
VJ Hebbar
(Asst. Manager)
(529 Points)
Replied 10 July 2017
90061000 & 49100010 both are HSN. Did you add up ST while migrating?
It will be like this if you had added ST along with SAC detials.....
Details of Additional Places of Business
Total Number of Additional Places Refer Annexure – I for details
Details of Goods / Commodities supplied by the Business
Page - 2
Sr. No. Descriptttion of Goods HSN Code
1 PRINTED BOOKS, BROCHURES, LEAFLETS AND SIMILAR PRINTED
MATTER, WHETHER OR NOT IN SINGLE SHEETS - OTHER : OTHER
49019900
Sr. No. Descriptttion of Services Service Accounting Code
1 ADVERTISING AGENCY 00440013
CAclubindia
