GST Registration for Nursing Home
Badrappa Nooli (Accounts Officer) (49 Points)
31 October 2019
can we register (Nursing Home) under option for composition , please advise me
1 Replies
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 31 October 2019
Actually as of today there are 2 type of Composition scheme is available .
1. In first scheme you cannot supply services more than 10% of turnover in previous year. hence this scheme is not available to you as nursing home services are cover under supply of Services.
2. As per Notification 2/2019 CT (R)
can supply of services or Goods or both, but the turnover not exceeding 50 lac & need to pay tax 6% on turnover.
MOST IMPORTANT , cannot do Exempted Supply.
Hence in my view, NO the nursing home cannot opt for composition scheme.
1. In first scheme you cannot supply services more than 10% of turnover in previous year. hence this scheme is not available to you as nursing home services are cover under supply of Services.
2. As per Notification 2/2019 CT (R)
can supply of services or Goods or both, but the turnover not exceeding 50 lac & need to pay tax 6% on turnover.
MOST IMPORTANT , cannot do Exempted Supply.
Hence in my view, NO the nursing home cannot opt for composition scheme.
Recent Topics
- Shared warehouse and GST issue
- GST on religious and charitable institutions
- File an Amended Income Tax Return to Exclude Polit
- FIFT TO HUF - SEC 64 AND SEC 54 RELATED
- Selling my 12+ years old Private Limited Company
- 5 YEAR OLD DELHI ROC COMPANY
- GST Order to pay penalty without proof of wrongdoi
- TDS Applicability on Rent to KINFRA
- Profit and Loss Statement Analysis: Gross Profit,
- PAYMENT OF RCM under gst
Related Threads
CAclubindia
