https://www.taxtmi.com/forum/issue?id=111462 There is no statutory cap on profit margins for food sales; pricing is set by market forces such as demand, competition, quality, overheads and location. Cited sectoral margins are illustrative market examples, not legal limits. Higher transaction values may affect tax reporting and withholding, so tax compliance applies irrespective of chosen margins. en-us Sun, 05 Feb 2017 02:25:42 +0530 Thu, 23 Jan 2025 15:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111462 There is no statutory cap on profit margins for food sales; pricing is set by market forces such as demand, competition, quality, overheads and location. Cited sectoral margins are illustrative market examples, not legal limits. Higher transaction values may affect tax reporting and withholding, so tax compliance applies irrespective of chosen margins. Discussion-Forum VAT / Sales Tax Sun, 05 Feb 2017 02:25:42 +0530 https://www.taxtmi.com/forum/issue?id=111462