We are running a canteen in one of the colleges in Kerala on a contract basis. We sell products only to those in the campus and not to outside. Whether we need to take registration and pay tax under the Kerala VAT Act? My doubt is whether this act apply to us as we are not selling anything to the general public....?Please clarify...?
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VAT for College Canteen (Kerala)
Replies (2)
No matter that you are selling your product in canteen or outside of canteen. Vat applicability depends on turnover.
u r also eligible 4 VAT provided ur turnover exceeds the limit 4 as per ur state .
however u don't bother abt it if u go 4 Composite tax rate.
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