For example, SAC code 997212 covers rental or leasing services involving owned or leased non-residential property. Breaking it down: The initial “99” refers to services. The “72” represents the primary category, which is leasing or rental services. ...
This structured framework not only aids in the accurate classification of services for tax purposes but also helps businesses comply with GST regulations effectively. The Importance of the HSN Code Systematic Identification The HSN code provides a structured way to identify and group goods based on ch...
For example, SAC code 997212 covers rental or leasing services involving owned or leased non-residential property. Breaking it down: The initial “99” refers to services. The “72” represents the primary category, which is leasing or rental services. ...