SAC Code 9961
Financial and insurance services
SAC Code9961
DescriptionFinancial and insurance services
CategoryServices
GST Rate0%
Related SAC Codes in Services
| SAC Code | Description | GST Rate |
|---|---|---|
| 9954 | Construction services | 18% |
| 9962 | Financial and related services (banking, lending) | 18% |
| 9963 | Leasing or rental services | 18% |
| 9964 | Passenger transport services | 5% |
| 9965 | Goods transport services | 5% |
| 9966 | Rental services of transport vehicles | 18% |
| 9967 | Cargo handling, warehousing and storage services | 18% |
About SAC Code 9961
SAC code 9961 is used to classify financial and insurance services under the Goods and Services Tax (GST Services) system in India. This code falls under the Services category and attracts a GST rate of 0%.
SAC (Services Accounting Code) is used under GST to classify services. All service providers must mention the SAC code on their GST invoices.