Straight-line lease rental accounting change results in penalty quashed where disclosed accounts and bona fide arguable accounting interpretation exis...
Allocation of enhanced FSI/TDR proceeds between cooperative society and individual flat-owners; tribunal deletes society LTCG addition, remits 80P ver...
Inpatient services constitute a composite supply where healthcare services are the principal supply and medicines, consumables, implants and food supplied to admitted patients during treatment form an integral, exempt part of the service under Entry No.74 of Notification No.12/2017-C.T.(Rate). Outpatient consultation is exempt, but medicines and other medical items prescribed or dispensed to outpatients are distinct taxable supplies because they are not mandatorily supplied by the hospital as part of a bundled inpatient service; therefore GST applies to such outpatient supplies.
Inpatient services constitute a composite supply where healthcare services are the principal supply and medicines, consumables, implants and food supplied to admitted patients during treatment form an integral, exempt part of the service under Entry No.74 of Notification No.12/2017-C.T.(Rate). Outpatient consultation is exempt, but medicines and other medical items prescribed or dispensed to outpatients are distinct taxable supplies because they are not mandatorily supplied by the hospital as part of a bundled inpatient service; therefore GST applies to such outpatient supplies.
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