Sac code under gst
This query is : Resolved
04 November 2023
Dear sir
services by way of "transfer of a going concern" i.e slum sale SAC code two digit is 99
but in gstr1 reuired 6 digit of company
so please guide urgently 6 digit SAC CADE of slump sale (Transfer of a going concern)
services by way of "transfer of a going concern" i.e slum sale SAC code two digit is 99
but in gstr1 reuired 6 digit of company
so please guide urgently 6 digit SAC CADE of slump sale (Transfer of a going concern)
CA R SEETHARAMAN
(Expert)
05 November 2023
Since the lump sum consideration received for 'Slump Sale' of business is exempt from GST, as stated above thus no tax would be charged.
SAC code not required.
SAC code not required.
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