we are doing works contracts govt works only.
we gave to raise invoice,in April 2021,as all are aware we have to raise E invoice with 6 digit SAC code.
Because for govt works Tax rate is 12%.
can you suggest the SAC code for the same.
regards,
Sreeramulu Kanchanam
8 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 17 April 2021
SAC code for works contract is 9954
Sreeram Kanchanam
(43 Points)
Replied 17 April 2021
From April 2021 6 digit is mandatory na.plz suggest in this regard
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 17 April 2021
But for govt works contract sac code for 12% GST is for 4 digits
Sreeram Kanchanam
(43 Points)
Replied 17 April 2021
Is 4 digits of SAC is enough for Govt contracts???
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 18 April 2021
Yes 4 digits are enough for govt works contract @ 12% GST
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