Incorporation of a hospital
Yasir (article assistant ) (449 Points)
29 June 2019whether it is Incorporated as partner ship or proprietor ship or trust or AOP.
Is gst is applicable on private nursing home ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171386 Points)
Replied 30 June 2019
For charitable hospital, Trust is advisable; but for profit earning better to go for firm. Proprietorship or partnership is better decided over initial investment pattern.
GST over health care services is nil rated, but registration under GST is mandatory, if aggregate turnover exceed 20 lakhs (10 lakhs for specified states). Also subject to other condition/s.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)