Setting of GST against services rendered in Hospital

Yes you can claim ITC on capital equipments against operational receipts. Claim ITC when it gets reflected in your GSTR- 2A.

Hello,

Yes, ITC would be allowed for inputs, input services, and capital goods against taxable outward supplies after the reversal of proportionate credit for exempted supplies.

I hope that this answer satisfies your requirements.

Regards,

CA Hunny Badlani

Hi

Yes, ITC can be claimed provided you have provided GSTN to the supplier and the credit is reflecting in your 2A.

If not reported, do it now and ask the supplier to amend invoices in GSTR1.

in the case of  hospital, there are various kinds of exempt supply and taxable supply. Hence, the taking of input credit depends on facts of the case. 

Dear Sir,

Hope you are doing well !!

Yes, you can set off the same.

Most of the supplies in case of hospital are covered under health care service which has been exempt by GST such as consultation to patient, food to patient admitted and prescribed by doctor etc. So you need to proportionately reverse such GST and same supply of food or medicine to outside people is taxable so at the end of every year you need to reverse the ITC based on both turnover.

Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.

Thank you.

Hello Sir,

Yes, the GST paid against the Hospital equipment like X ray machine, Operation theatre equipment, ultrasound scanning equipment can be set off against tax payable on services rendered like consultation fee, room rents etc. collected from patients.

There is no problem in it.