Fees for technical services sac code
WebJan 4, 2024 · Fees for technical services--10-10. 195. Interest income payable by Govt./Indian concern (other than section 194LB or 194LC)--20-20. 195. Any Other Income - Other than Company - Company-- -30 40- -30 40. 196A. Income in respect – - of units of a Mutual Fund specified under clause (23D) of section 10; or WebThe types of payments considered under section 194J are as follows: Fees for Professional Services. Technical services fees. Payment to the call-center operator. Director’s fees excluding salary. Royalty as …
Fees for technical services sac code
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WebNov 23, 2024 · NOTE- Other GST slabs for Consultancy Services are 0%, 5%, 12%, 18% and 28%. SAC Code applicable for Consultancy Services. The following SAC (Service … WebApr 2, 2024 · Below are few codes for Tax practitioners and Chartered Accountants for the services being provided by them: Penalty of INR 50,000/- (INR 25,000/- each for CGST …
WebJan 27, 2024 · SAC Code for IT and consultancy Services. Under the categorization of “ Goods and Services Tax ,” business consulting services, including public relations … WebApr 15, 2024 · Illustrative SAC classification of services as applicable from July 1,2024. Please note that no specific exemption was available for non-quoting of SAC from the day one of GST Act 2024: Heading & Group: Service Code (Tariff) Service Description: Heading no. 9982: Legal and accounting services: Group 99821: Legal services: 998212
WebAug 30, 2024 · SAC code 999311 – Inpatient services. SAC code 999312 – Medical and dental services. SAC code 999313 – Childbirth and related services. SAC code 999314 – Nursing and Physiotherapeutic ... WebMar 23, 2024 · SAC code for insolvency and receivership services are as follows: SAC Code 998240 – Insolvency and receivership services. GST rate for insolvency and receivership services is 18%. Other Professional, Technical and Business Services. SAC code for other professional, technical and business services are as follows: SAC Code …
Web731 rows · Apr 1, 2024 · Service Accounting Code are mandatory on invoices for supply …
WebGroup 99542. General construction services of civil engineering works. 995421. General construction services of highways, streets, roads, railways and airfield runways, bridges and tunnels. 995422. General construction services of harbours, waterways, dams, water mains and lines, irrigation and other waterworks. contemporary modern spanish style kitchenWebJun 5, 2024 · A. Fee for Technical Services payable by Indian Government to Non resident Deemed to accrue or arise in India – Section 9 (1) (vii) of Income tax Act. Under section … effects of poverty on youthWebJan 27, 2024 · SAC Code for IT and consultancy Services. Under the categorization of “ Goods and Services Tax ,” business consulting services, including public relations services, are identified by the SAC code 998312. The service is identified by its SAC (Services Accounting Code), other professional, technical, and business services … effects of pre colonial trade in east africaWebfees by India (Figure 1.4). Figure 1.4: Receipt of Royalty & License Fees Royalty Payments by India With the increased FDI, it is expected that Indian firms would be using more and … contemporary modern vanities best dealsWeb11 rows · 9983. (ii) Other professional, technical and business services other than (i) … contemporary modern style homesWebSAC code for insolvency and receivership services are as follows: SAC Code 998240 – Insolvency and receivership services. GST rate for insolvency and receivership services is 18%. Other Professional, … effects of power lines close to homesWeb99839. 5 digit SAC code for Other professional, technical and business services. First 5 digits, (99839) represents group number. This group is for Other professional, technical and business services.. 998396. 6 digit SAC code for Trademarks and franchises. 6 digit SAC code, (998396) represents service. This code is for Trademarks and franchises. contemporary modern wall decor