Is reverse charge mechanism applicable for hospitals? If applicable shall, we get back this as input credit,bacause hospital services are expemted from GST?
Menu
Rcm for hospitals
Replies (1)
RCM applicable to hospitals, when registered under GST.
As output services are nil rated.......... the ITC can neither be claimed/utilized nor refunded; but added to cost...
Recent Threads
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
Related Threads
CAclubindia
