Applicable or not ?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 December 2011 Dear friends,

I want to know if a doctor doing himself operative his private clinic then does he is liable to pay VAT on drugs giving by him at his clinic or not ?

kindly clarify me

thanks in advance

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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13 December 2011 Mr Author,
Yes he is liable to pay vat @5% on the mdicines sold by him to his patients in his clinic.....MJK

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2011 thanks for reply

but how to calculate VAT in dr. fees which including drugs & consulting fees

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MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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14 December 2011 Mr Author,
He should issue a bill separately for the value of medicines and show VAT collection in it. He should also take registration under VAT Act, if the total sales goes above Rs 5 lakhs in a year.
MJK