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sac code mentioning

10 August 2017

please tell someone that whether it is important to mention 6 digit sac code. as my company has turnover less than 5 crores p.a.

if yes then kindly share the link for the notification of same.

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6 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193931 Points)
Replied 10 August 2017

Notification No. 12/2017 – Central Tax

Turn Over 1. Upto rupees one crore fifty lakhs............. Nil

2. more than rupees one crore fifty lakhs and upto rupees five crores ...........2

3. more than rupees five crores ,,,,,,,,,,,,,,,,,,,,,, 4

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Jyoti Gupta (16 Points)
Replied 10 August 2017

sir but in this notification....only HSN code are mentioned, not for SAC code

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193931 Points)
Replied 11 August 2017

Yes, for sac code just 4 digits are required to be mentioned for all, (except for import/export, where 6 digits would apply)

Jyoti Gupta (16 Points)
Replied 11 August 2017

but how can we prove it. as I need notification about sac code

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (193931 Points)
Replied 12 August 2017

There is no specific notification for SAC code, and general interpretation is that the same notification holds good for SAC code also. But as all services have comman first two digits '99'; so its better to specify 4 digits to distinguish it as different group.