What is the SAC code? (Services Accounting Code), is a classification system developed by the GST Department of India for all services. It plays a crucial role in fixing GST rates on services, categorizing them into five slabs of 0%, 5%, 12%, 18%, and 28%. SAC code stands for Services Accounting Code and is a six-digit number used to classify services under GST in India. Learn how SAC codes work, why they are important, and see examples of SAC codes for various services. Learn everything about HSN and SAC codes under GST in India. Get insights into their full forms, meanings, and their importance in goods and services classification What is SAC code is simply defined as a unique service accounting code assigned for all kinds of services under GST. Read on to get a complete list of SAC.
