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Tin vat
I am an entrepreneur and have a project. I think of crowdfunding to fund my project. My friend advises me obtain State VAT. While it is commonly required for trade, Is it really mandatory even for fund raising?
Replies (2)
Not required for fund raising
A related Topic - Say you get 2 Lakh from a friend as a Loan, After 8 months you return him 2 Lakh without any interest...
In this scanario - Is there any tax (Income, Service, XYZ, PQR) applicable - either to you or to your friend ?
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