SAC

997120 - Investment banking services

SAC 997120 covers Investment banking services. Use it as a services-classification reference for GST workflows, then verify rates and filing decisions in official CBIC sources.

Code: 997120
Classifier: SAC
Heading: 9971

Key facts

Code: 997120
Classifier: SAC
Heading: 9971
Group: 99712
Service code: 997120

Classification hierarchy

Section 7 - Financial and related services; real estate services; and rental and leasing services
Heading 9971
Group 99712
Service code 997120

FAQ

What is SAC 997120?

SAC 997120 identifies Investment banking services in the parsed GST services classification source layer.

Where is SAC used in practice?

SAC is used for service classification in GST invoicing and service-tax compliance workflows. Verify filing decisions in official CBIC sources.

How is this linked to NIC?

Related NIC links are generated only when the source row or matrix includes confirmed NIC references for the service activity.

Source and verification

Official source document

Last verified: 2026-05-12

This page is an independent reference layer. Verify filing, tax, customs or regulatory decisions in the official source before use.

Code history and standards

Current site layer 997120 current

Current SAC row parsed from the official CBIC GST services classification source layer.

GST service family 99712 parent

Parent service classification level used for browsing related GST service codes.

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Connected classifications

Use these adjacent classifiers when the same real-world activity needs a business, goods, services, occupation or education view.

NIC service activity Use NIC when this service needs a business-activity category for registration or profiling. NCO occupations Use NCO to see occupations and business roles commonly connected with services. HSN goods Use HSN when the same workflow includes goods, materials or product supply. InSCED education fields Use InSCED when the service links to qualifications, training or study fields. NIC 2008 to NIC 2025 converter Use the legacy converter when older NIC activity codes appear in service documents. Legacy crosswalk policy Open the legacy hub to see which old-to-current classifier routes are source-backed on this site.