New sac code

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Dhiraj

Dhiraj (Querist)
Follow

14 July 2017 Please provide new SAC code for Business Support Services.

CA Saloni

CA Saloni (Expert)
Follow

14 July 2017 What is the nature of your services?
There are so many support services..

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
Follow

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.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now