|Section Number||Service||Heading Number||Group Number||SAC Code||Service Detail||Service Description||GST||EffectiveDate||Section 8||Business and Production Services||9981||99814||998143||Research and development originals||Research and development originals in biotechnology||18||28-06-2017|
SAC Code 998143 is used for the Research and development originals under Services Accounting Codes (SAC Codes) for Goods and Service Tax classification. This service comes under Research and development originals in biotechnology , 8 - Business and Production Services . Heading number of this service is 9981 and the group number is 99814 . These codes are mandatory mapping or classification of services that need to be used by a taxpayer.
SAC (Services Accounting Code) are used for the identification of the service.SAC indicates specific code tends to reduce the possibility of misinterpretation. SAC in respect of the supply of services while HSN code in respect of the supply of goods. There will be no need for entering the description of the goods or services while filing GST returns online.