Gst input claim
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 May 2018
Dear Sir,
1) in a pvt ltd company (Clinic , Hospital), we are not charge any GST on patients bills, and also we purchase the lab products from different suppliers , we can claim th GST input tax credit ...
2) in a individual Capacity - Clinic , Hospital, we are not charge any GST on patients bills, and also we purchase the lab products from different suppliers , we can claim th GST input tax credit ...
please explain in both cases
1) in a pvt ltd company (Clinic , Hospital), we are not charge any GST on patients bills, and also we purchase the lab products from different suppliers , we can claim th GST input tax credit ...
2) in a individual Capacity - Clinic , Hospital, we are not charge any GST on patients bills, and also we purchase the lab products from different suppliers , we can claim th GST input tax credit ...
please explain in both cases
12 May 2018
Health care Services by a Clinical Establishment or Authorized Medical Practitioner or Para medics are exempt from Goods and services tax. And Input Tax credit is not available for the purpose of using exempted supplies.
13 May 2018
You can avail ITC in both the cases as there is no restriction on availing the credit but, you are required to reverse the 100% of the credit availed since 100% of supplies made by you are exempted.
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