Is reverse charge mechanism applicable for hospitals? If applicable shall, we get back this as input credit,bacause hospital services are expemted from GST?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(181508 Points)
Replied 18 September 2017
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...
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961