SAC (Service Accounting Code) is used to classify services under GST, similar to how HSN codes classify goods. SAC codes are 6-digit codes that help identify the nature of service and applicable GST rate.
SAC code structure:
- First 2 digits: Always "99" (indicates service)
- Next 2 digits: Service category
- Last 2 digits: Specific service
Common SAC codes:
- 9954: Construction services
- 9971: Financial services
- 9983: IT and software services
- 9992: Education services
Examples
- SAC 998311: IT consulting services
- SAC 997212: Hotel accommodation services