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|Webisode #1|Food Business|Low Cost|Ideas|

Writer's picture: Taxgen TeamTaxgen Team

Updated: Oct 11, 2020

STARTUP INDIA



This video is a contribution , having a mission of making a vision to enlighten people to Startup their businesses!

“You don’t build the business, you build people and then people build the business” Quoted – Zig Ziggler

Lets Start With a FACT! DO YOU KNOW?


Indian Food and grocery market is World’s 6th Largest. Things you should know before starting a Food Stall or a Restaurant.


1. Food License

Food license is to be issued by Food safety and standard authority (FSSAI) of india. Food License Its role is to ensure the quality of food served by the restaurants and other display requirements.


2. Shop and Establishment act 1958

Shop and Establishment act 1958 – Act safeguards employee rights and working conditions. Trade license Trade license from local Municipal Authority.


3. Fire Safety Certificate

Fire Safety Certificate i.e an NOC from fire department of your city. Liquor and Bar License- Provided by Excise Dept of every state.


4, GST Registration

Cloud Kitchens, Zomato, Swiggy etc – Mandatory Registration. Other Restaurants and Food Stall’s – If Aggregate Turnover exceeds 40 lakh in case of goods and 20 Lakhs in case of services.

GST Rate-

a. All the Restaurants weather Air conditioned or not will charge GST @5% without ITC.

b. Restaurants in hotel premises having room tariff exceeding 7500 will charge GST @18% with ITC.


Kudos to

CA Kushagrah Mehta and today We are going to discuss The Compliances You need To Follow to start a Restaurant or a Food Stall!


Explanations

Food License Its role is to ensure the quality of food served by the restaurants and other display requirements.

Trade license You just have to fill the form with local municipal authority and take their permission to start the new business or a stall.



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