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Maximum allowed percentage of profit while selling food

VAT and Sales Tax - Started By: - MSiddique E - Dated:- 5-2-2017 Last Replied Date:- 15-2-2017 - Could Somebody assist me for this question.Once I buy the ingredients, suppose, if the cost of ingredients + making charges of food is ₹ 100.How much percentage of profit I can include on top of ₹ 100.I am asking to clarify the legally allowed percentage of profit as per law. - Reply By YAGAY AND SUN - The Reply = Your profit earning would be dependent on following factors, viz: Market Fo .....

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ovt. or State regarding the percentage of profit mentioned by you ? Regarding the percentage of the profit in Service Sector i.e. 70 to 100, it cannot be digested. Will you please oblige me by confirmation ? Thanks & regards. K.L.SETHI - Reply By YAGAY AND SUN - The Reply = Dear Sir,Please check my reply. I haven't said that there is any rule/regulation that exists, my contention is that it can be to that particular extent. In Hotel like Taj you get a Tea for ₹ 500/- whereas on Roa .....

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tors are charging ₹ 750 from Patients just for 5 minutes consultancy.Lawyers are charging ₹ 10000/- for 15 minutes consultancy and for 50 page opinions etc. they are charging 3 Lacs to 50 Lacs.In automotive sector profit margin is 15-30%In Chemical Sector profit margin in 18 - 35%In Pharmaceutical Sector Profit margin is 20-40% - Reply By YAGAY AND SUN - The Reply = You may also go through the Reports published by CII, ASSOCHAM, FICCI on the growth and profit margins in the recent pa .....

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