SAC Code 9966
Rental services of transport vehicles
SAC Code9966
DescriptionRental services of transport vehicles
CategoryServices
GST Rate18%
CGST + SGST (Intra-state)9% + 9%
IGST (Inter-state)18%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00
Related SAC Codes in Services
| SAC Code | Description | GST Rate |
|---|---|---|
| 9954 | Construction services | 18% |
| 9961 | Financial and insurance services | 0% |
| 9962 | Financial and related services (banking, lending) | 18% |
| 9963 | Leasing or rental services | 18% |
| 9964 | Passenger transport services | 5% |
| 9965 | Goods transport services | 5% |
| 9967 | Cargo handling, warehousing and storage services | 18% |
About SAC Code 9966
SAC code 9966 is used to classify rental services of transport vehicles under the Goods and Services Tax (GST Services) system in India. This code falls under the Services category and attracts a GST rate of 18%.
SAC (Services Accounting Code) is used under GST to classify services. All service providers must mention the SAC code on their GST invoices.