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

Pralay Chakraborty

Pralay Chakraborty (Expert)
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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.

CA Suresh Jain

CA Suresh Jain (Expert)
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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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