Legal Question in Business Law in India

You have to obtain a license under the FSSA from the designated authority. You will pay VAT on purchase ( if the restaurants charge and it is applicable to them) and then charge VAT on sales, but you will get credit on the VAT paid on purchase so there will be no double taxation. Net effect will be that when you file VAT return then you will deposit VAT on the goods added by you, such as VAT on packing material or other misc items etc. Another element is also service tax in which you might get abatement depending on the exact business model. To know us better, please click on the links below:

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JSR/81013

14.10.2013

Dear Sir / Madam,

Since you own the business, obviously you will need to bill the customers and you will need to get a VAT registration in place for the business.

Regards,