I have an EMI collection shop, what is its SAC code?

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187 Points Joined February 2019
I have an EMI collection shop, what is its SAC code?
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On 22 November 2024 at 14:15 Report
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Master in Accounts & high court Advocate
9123 Points Joined December 2011

The SAC (Service Accounting Code) for an EMI collection shop would likely fall under the category of "Financial Services" or "Payment Services".

The most relevant SAC code for an EMI collection shop could be: -

65201: "Collection services of payments" -

66190: "Other financial services nec (not elsewhere classified)" -

67120: "Payment processing services" 

However, it's essential to consult the latest CBIC (Central Board of Indirect Taxes and Customs) guidelines or the GST (Goods and Services Tax) website to confirm the most accurate SAC code for your specific 

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On 22 November 2024 at 15:05
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187 Points Joined February 2019
Thanks sir
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On 23 November 2024 at 16:28


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