Impact of GST on Hospital

  • January 24, 2021
  • CA Chandan Agarwal's Office

Health Care has become one of the India’s Largest Sector, both in terms of Revenue and Employment. Health Care Industry comprises of Hospitals, Medical Devices, Clinical Trials, Outsourcing, Telemedicine, Medical Tourism, Health Insurance, Medical Equipment and several other facets. The Indian Health Care sector is growing at a brisk pace due to its strong and widespread coverage and increasing expenditure by public as well as private players.

However, of late it is noticed that the Hospitals are getting GST Notices for supply of Medicines and allied Items provided by the hospitals through Pharmacy, Income from Renting of Premises, and from Canteen, or Sale of Scrap, Room Rent charged to the In-patients and the like.

Read more on: https://taxguru.in/goods-and-service-tax/impact-gst-hospital.html

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