https://www.taxtmi.com/forum/issue?id=1058 Sale of goods is subject to VAT; profit motive or no profit does not alter taxability. An unregistered person engaged in taxable sales must consider registration and VAT compliance. Charitable institutions engaged in trading activity are similarly liable and cannot avoid VAT solely because transactions produce no profit or are for non-profit purposes. en-us Tue, 17 Mar 2009 10:01:06 +0530 Thu, 23 Jan 2025 15:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1058 Sale of goods is subject to VAT; profit motive or no profit does not alter taxability. An unregistered person engaged in taxable sales must consider registration and VAT compliance. Charitable institutions engaged in trading activity are similarly liable and cannot avoid VAT solely because transactions produce no profit or are for non-profit purposes. Discussion-Forum VAT / Sales Tax Tue, 17 Mar 2009 10:01:06 +0530 https://www.taxtmi.com/forum/issue?id=1058