What is the nature of a restaurant business
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2013
what is the nature of a restaurant business or
Is a restaurant business considered a service or does is sell products too?
Is a restaurant business considered a service or does is sell products too?
08 July 2013
It is considered as taxable by VAT Acts as well as ST Acts......mjk
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2013
think you sir,
but sir i ask my question for income tax par-pas. (restaurant bus.) is it trading bus or service bus.
please help me
but sir i ask my question for income tax par-pas. (restaurant bus.) is it trading bus or service bus.
please help me
11 July 2013
It is mainly a trading business. But, it is also treated as a service under Service Tax Act and levied ST......mjk
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