All goods and services exchanged in India are categorised as part of the SAC code system or the HSN code system under GST. Goods are categorised using the HSN Code, while services are categorised using the SAC
Services Accounting Code also called as SAC Code is a classification system for services developed by the Service Tax Department of India. Using GST SAC code, the GST rates for services are fixed in five slabs namely 0%, 5%, 12%, 18% and 28%. Note: If a service is not exempted from...
All the goods and services to be used inIndia GSTare classified by an HSN code (Harmonized System of Nomenclature) and by the SAC (Service Accounting Codes) and will help to remove the hurdle/obstacle in the international trade. In addition, these HSN and SAC codes have been used in invo...
Under the GST regime, the Service Accounting Code (SAC) functions as a unique identifier for various services, facilitating their classification and taxation. Each SAC is a six-digit code that systematically categorizes services, ensuring clarity and consistency in tax reporting. ...
A very simple application which acts as a ready reckoner for finding out applicable Goods and service Tax (GST) on all the goods and services In India. Find out HSN code of products and find the applicable GST on it and Similarly, with a simple search, find out the GST on SAC code. ...
Goods & Services Tax is a comprehensive, multi-stage, destination-based tax that will be levied on every value addition. GST HSN/SAC code is must have apps for small and big business and CA, Agents etc, if you are looking for HSN and SAC code. You can know HSN code of products for...
You can use all gst code in your gst billing software to add gst rate in all kind of goods and services. Easy access for gst rate finder app. This is the free gst rate finder app for you. GST calculator India will help you count tax on any amount, and you can know about GST perc...
All the states in the country have their own tax system for classifying the goods tax rate. But with GST regime there will be an uniformity all over the state which will harmonize the system of HSN for the goods and the service accounting code or SAC system for the services. ...
for the GST assessee who posses the turnover exceeds 5 cr in the before fiscal year, to file 6 digits HSN Code (Harmonised System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) upon the invoices provided for the supplies of taxable goods and services. ...
Under the GST regime, the Service Accounting Code (SAC) functions as a unique identifier for various services, facilitating their classification and taxation. Each SAC is a six-digit code that systematically categorizes services, ensuring clarity and consistency in tax reporting. ...