Taxes to be paid


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2013 Dear Members
I have to know that if any individual is running business of "Mess" & having turnover Rs. 15 Lakhs then which taxes are applicable??
He have to register for service tax, VAT along with his individual PAN or new PAN is to be applied in the name of the firm??

Anand (Expert)
06 May 2013 register for service tax and VAT.
since the business is being run in individual capacity, the individuals pan is to be used

20 June 2013 Since your turnover has exceeded you are liable for service tax as you are rendering the services to the students or other persons by way of providing them food. Since you are not registered under any act you cannot claim composite scheme. On the TO of 15L you have to pay Income Tax if the net profit exceeds the minimum amount liable for income tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2013 Thanks Sir
But have I to register for Maharashtra VAT as turnover is above 5 Lacs??

26 July 2025 https://docs.google.com/document/d/1zzg2KNi-Th2k936yb8vmoTE5_EQt0p9VnlbilXOxPZ4/edit?usp=sharing


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