Sac full form: What is a Service Accounting Code

What is a Service Accounting Code (SAC)? The Service Accounting Code (SAC) is a classification system issued by the Central Board of Indirect Taxes and Customs (CBIC) to categorize and identify different types of services. Similar to the HSN code used for goods, each service has a unique SAC code. SAC stands for Service Accounting Code, a six-digit system to classify and tax services under GST in India. Learn how to find the SAC code for your property and its importance for property tax assessment. SAC code stands for Services Accounting Code and is a six-digit number used to classify services under GST in India. Learn how SAC codes work, why they are important, and see examples of SAC codes for various services. The full form of the SAC code is Services Accounting Code. It is a system introduced under the GST (Goods and Services Tax) regime to classify and identify different types of services. Every service, from consulting to logistics, has a unique SAC code that helps streamline GST invoicing and returns.