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Taxability: Supplies made from vending machine shall qualify as taxable supply.Including supply made from vending machine at the educational institutions covering food and beverages supplied at education institutions  

Date of supply: Date on which funds are collected from the vending machine. For the purpose of charging VAT, date of supply of collecting funds from vending machine shall be considered.

Taxable value: consideration received (-) taxes.

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The entire contents of this article is solely for information purpose and have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation.. It doesn't constitute professional advice or a formal recommendation. The author has undertook utmost care to disseminate the true and correct view and doesn't accept liability for any errors or omissions. You are kindly requested to verify & confirm the updates from the genuine sources before acting on any of the information's provided herein above.

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