25 June 2017
Need tidbits on the below query experts...??
1. how the invoice format would be for an restaurant business having presence only in intra state .?
2.If they sell different supply like food and sweets then food at 12 % and Sweets under their name means 5% correct. ..?if not what and how the taxability would be..??
3.if they sell different taxable component like coke which is taxed at 28% ,mineral water taxed at 18% and general food at 12% ?
Now the bill would be all inclusive at higher tax bracket at 28% or the same will be charged at the defined rate (assume it is. Not mixed supply) food at 13 coke at 28 and mineral water at 5.
4. Also do let me know if an individual have pick and carry system where he order and take food home that will it be charged at 12% or as selling under the brand name in Thier cover specifying their brand then will it be taxed at 5%..??
Sunil Sharma
Auditor.sunilsharma@gmail.com
CAclubindia
