https://www.taxtmi.com/article/detailed?id=10537 Non ICU hospital room accommodation charged above a specified per day per patient tariff is taxable at the prescribed rate only where room charges exceed the threshold and no input tax credit has been claimed; the amendment creates a new service entry to tax accommodation while leaving ICU rooms and lower tariff or effectively lower tariff shared rooms outside the levy, thereby necessitating invoice bifurcation, raising valuation and composite/mixed supply issues, and producing compliance, accounting and insurance repercussions. en-us Tue, 19 Jul 2022 13:37:42 +0530 Tue, 19 Jul 2022 13:37:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10537 Non ICU hospital room accommodation charged above a specified per day per patient tariff is taxable at the prescribed rate only where room charges exceed the threshold and no input tax credit has been claimed; the amendment creates a new service entry to tax accommodation while leaving ICU rooms and lower tariff or effectively lower tariff shared rooms outside the levy, thereby necessitating invoice bifurcation, raising valuation and composite/mixed supply issues, and producing compliance, accounting and insurance repercussions. Articles Goods and Services Tax - GST Tue, 19 Jul 2022 13:37:42 +0530 https://www.taxtmi.com/article/detailed?id=10537