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Service Accounting Code are mandatory on invoices for supply of services as per revised requirement from 1st April 2021 for GST taxpayer with turnover of more than Rs. 5 crore. Note:- …
GST tax on Construction services - 9954 SAC Code and GST rates and 6 digit code.
The Service Accounting Code (SAC) for ‘Construction Services’ is 9954. This code encompasses a wide array of services related to construction, ranging from residential to commercial projects.
22 thg 5, 2025 · SAC code 9954 is used to identify services related to the construction of buildings and infrastructure. This includes all types of residential, commercial, and industrial …
Services by an entity registered under section 12AA of the Income‐tax Act, 1961 (43 of 1961) by way of charitable activities. Services by way of transfer of a going concern, as a whole or an …
Provided that where the services are supplied to a Government Entity, they should have been procured by the said entity in relation to a work entrusted to it by the Central Government, …
Learn about SAC Code 9954 and GST rates for construction services, including affordable housing, commercial projects, and ITC rules.
To apply SAC Code 9954 to a specific construction service, businesses need to identify the service’s nature and match it with the closest fitting SAC code. This correct classification is …
7 thg 6, 2025 · SAC stands for Service Accounting Code and is applicable to all the services rendered within India. This system is used for classifying, measuring and determining the …
Provided that where the services are supplied to a Government Entity, they should have been procured by the said entity in relation to a work entrusted to it by the Central Government, …
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