SAC codes (Services Accounting Code) are codes issued by CBEC to uniformly classify each services under GST. We have sourced the HSN code information from the master codes published on the NIC’s GST e-Invoice system. There may be variations due to updates by the government. The SAC code means Services Accounting Code under which services fall under GST are classified.
You can download the HSN SAC Code List in PDF format using the link given below.
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HSN stands for “Harmonized System of Nomenclature” which was developed by the World Customs Organization (WCO). WCO’s main objective for introducing HSN codes is to classify all the goods systematically. It clears the confusion and helps in domestic and international trade between the countries. More than 20,000 goods are traded...
SAC codes (Full form: Services Accounting Code) are codes issued by CBEC to uniformly classify each service under GST. Each service has a unique SAC. These SAC codes can be used in invoices created by you for the services you delivered. In the following SAC code list, you will find...
GST taxpayers having a turnover of more than Rs 5 crore in the preceding financial year, to furnish 6 digit HSN Code (Harmonised System of Nomenclature Code). This comes into effect from April 1. This is applicable for SAC (Service Accounting Code) on the invoices issued for supplies of taxable...
GST-exempted goods mean the goods on sale/purchase or trade of which no tax will have to be paid by any of the parties to the government.Exempt supply under GST means supplies which not attract goods and service tax. In these supply no GST is charged. Input tax credit paid on...
SAC codes (Services Accounting Code) are codes issued by CBEC to uniformly classify each services under GST. Each service has a unique SAC. These New SAC codes can be used in invoices created by you for the services you delivered. SAC Code Description of Services Rate (%) CESS (%) Effective...