SAC Code Stands for
A. Services Accounting Code
B. Software Accounting Code
C. System Accounting Code
D. Service Application Code
Answer: Option A
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Related Questions on GST
A. Goods and Supply Tax
B. Government Sales Tax
C. Goods and Services Tax
D. General Sales Tax
In India GST became effective from
A. 1st April, 2017
B. 1st January, 2017
C. 1st July, 2017
D. 1st March, 2017
In India GST came effective from July 1st, 2017 India has chosen _______ model of dual – GST.
A. USA
B. UK
C. Canadian
D. China
E. Japan
GST is a _______ based tax on consumption of goods and services.
A. Duration
B. Destination
C. Dividend
D. Development
E. Destiny
SAC codes (Full form: Services Accounting Code) are codes issued by CBEC to uniformly classify each services under GST. Each service has a unique SAC.