New sac code
This query is : Resolved
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.
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