A hospital bill on their patients and exceeds Rs.2 lacs. Is TCS to be collected if they make part payment by cash and part by card ? Is hospital exempted from collecting TCS ?
mani muthukrishnan (Accountant) (92 Points)
01 June 2016A hospital bill on their patients and exceeds Rs.2 lacs. Is TCS to be collected if they make part payment by cash and part by card ? Is hospital exempted from collecting TCS ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(174190 Points)
Replied 11 July 2016
Hospital/health services have not been exempted from the levy of TCS u/s. 206 (1d), till the date. If any single bill, exceeds 2 lakhs, but payment doesn't exceed 2 lakhs by cash mode, TCS is not applicable. Generelly hospitals issue multiple bills, based on daily basis.
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