Hi Sir/Madam,
Food Products like idli, chappati made in home are sold/delivered to people house or office locations.
Can you pls let me know what type of taxes needed to be included as per govt. regulations.
Thank you.
Regards,
Guru
guru prasad 11 July 2017
Hi Sir/Madam,
Food Products like idli, chappati made in home are sold/delivered to people house or office locations.
Can you pls let me know what type of taxes needed to be included as per govt. regulations.
Thank you.
Regards,
Guru
Kumar Doab (FIN) 11 July 2017
Local CA can guide you.
Kumar Doab (FIN) 11 July 2017
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Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 13 July 2017
VARUN MAHAJAN (Proprietor) 19 July 2017
As per your Question
I would Suggest that as you are doing a business and the same can be treated as below
5% levy on small hotels and restaurants with an annual turnover of up to Rs 50 crore. AS per GST it is decided that 5% tax rate on restaurants in the meeting which also saw an approval for the Central GST (CGST) and State GST (SGCT) laws.
According to a report by the Press Trust of India, a 5% GST will be levied on small hotels and restaurants and dhabas with an annual turnover of up to Rs 50 lakh.
Further you need to file your Income Tax Returns as well