Sewage collection is a necessary task that we don't often think about - until something goes wrong. In India, small and medium businesses and startup founders often need to hire contractors to handle this task for them. But what are the GST rates and SAC code for sewage collection? Here's everything you need to know.
Sewage collection is the process of collecting waste materials from a building's drainage system and transporting it to a treatment plant. This includes both solid and liquid waste, as well as any other materials that may be present in the building's plumbing system.
The process of sewage collection is important for maintaining public health and safety, as well as protecting the environment. Properly collecting and disposing of waste materials can help prevent the spread of disease and reduce pollution.
Under the Goods and Services Tax (GST) system in India, sewage collection falls under the category of "support services to agriculture, hunting, forestry, fishing, mining, and utilities." The GST rate for these services is 18%.
This means that if you hire a contractor to handle your sewage collection needs, you'll need to pay 18% GST on top of the price of the service.
Every service provided in India is assigned a unique Service Accounting Code (SAC) under the GST system. The SAC code for sewage collection is 9994.
This code is used by businesses and contractors to identify the type of service being provided and to ensure that the correct GST rate is being applied.
Sewage collection is an important task that should not be overlooked by small and medium businesses and startup founders. By understanding the GST rates and SAC code for this service, you can ensure that you are paying the correct amount and that your contractor is properly identifying the service being provided.
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