Service
Accounting Codes (SAC) are used to classify services for the purpose of
taxation. When you get GST
registration, especially if your business involves providing services, you will
need to identify the SAC for the services you offer.
SAC is necessary when Issuing Invoices, Filing GST Returns, For
Compliance and Audit, When Claiming Input Tax Credit (ITC), Quoting in Business
Contracts and Agreements.
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Ad Detail: SAC code in GST
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