New sac code
This query is : Resolved
14 July 2017
Please provide new SAC code for Business Support Services.
14 July 2017
What is the nature of your services?
There are so many support services..
There are so many support services..
04 August 2024
The **SAC (Service Accounting Code)** for Business Support Services is used to classify the nature of services provided under the Goods and Services Tax (GST) regime in India. The SAC code for Business Support Services, which includes services such as administrative, consultancy, and support services provided to businesses, is **9985**.
Here’s a bit more detail:
### **SAC Code for Business Support Services:**
- **SAC Code:** 9985
- **Description:** Business Support Services
This SAC code covers a broad range of services that support the core operations of a business, including:
- Administrative support
- Consultancy services
- Professional services
- Outsourcing of business functions
### **Additional Context:**
- **GST Classification:** Under GST, SAC codes help in identifying the category of services provided and ensure proper classification for tax purposes.
- **Rate of GST:** Business Support Services generally attract a GST rate of 18% unless specified otherwise.
Make sure to use the correct SAC code in your GST invoices and returns to ensure proper classification and compliance with GST regulations.
Here’s a bit more detail:
### **SAC Code for Business Support Services:**
- **SAC Code:** 9985
- **Description:** Business Support Services
This SAC code covers a broad range of services that support the core operations of a business, including:
- Administrative support
- Consultancy services
- Professional services
- Outsourcing of business functions
### **Additional Context:**
- **GST Classification:** Under GST, SAC codes help in identifying the category of services provided and ensure proper classification for tax purposes.
- **Rate of GST:** Business Support Services generally attract a GST rate of 18% unless specified otherwise.
Make sure to use the correct SAC code in your GST invoices and returns to ensure proper classification and compliance with GST regulations.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- ITR returnFY25-26
- Treatment of Pension ?annuity returns on PMVY
- Scrutiny assessments u/s 143(2) for AY 25-26
- Itr 1 processing
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 2 Short Term gain & Long term gain
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
