I have an EMI collection shop, what is its SAC code?

293 views 2 replies
User Avatar

187 Points Joined February 2019
I have an EMI collection shop, what is its SAC code?
0 Reply Share Follow
On 22 November 2024 at 14:15 Report
Replies (2)
User Avatar

Master in Accounts & high court Advocate
9596 Points Joined December 2011

The SAC (Service Accounting Code) for an EMI collection shop would likely fall under the category of "Financial Services" or "Payment Services".

The most relevant SAC code for an EMI collection shop could be: -

65201: "Collection services of payments" -

66190: "Other financial services nec (not elsewhere classified)" -

67120: "Payment processing services" 

However, it's essential to consult the latest CBIC (Central Board of Indirect Taxes and Customs) guidelines or the GST (Goods and Services Tax) website to confirm the most accurate SAC code for your specific 

Reply
On 22 November 2024 at 15:05
User Avatar

187 Points Joined February 2019
Thanks sir
Reply
On 23 November 2024 at 16:28

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading