Web6 apr. 2024 · The first two digits are the equivalent for all services for eg – SAC code 99. The next two digits represent the major nature of service. for eg -an example of SAC code 9954. The last two digits represent the detailed nature of the service. List of SAC Code with Tax Rates HSN Code / SAC mandatory on GST Tax Invoices from 1st April 2024 WebSAC Codes or Services Accounting Code is a system of classification developed by the service tax department in India for the classification of services. GST Council has decided to adopt the SAC code system for levy of GST in India. GST for service is levied in 5 slabs namely 0%, 5%, 12%, 18% and 28%.
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