Define GST, HSN code, SAC and GST came in india
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Service Accounting Codes (SAC)
Similar to the International HSN Codes, India has adopted a Service Accounting Code (SAC) for all its services. ... Since GST is a combination of goods and services both, an equable classification for services is also required. SAC will remain the same under the GST regime.
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GST = goods service tax
HSN code = harmonized system nomenclature
SAC = service accounting code
GST came in India in on 1 July 2017
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