Hospitals under RSBY can exclude medicine costs from taxable amount, boosting health service affordability.

Hospitals under RSBY can exclude medicine costs from taxable amount, boosting health service affordability. https://www.taxtmi.com/highlights?id=77228 Eligibility for deduction of cost of medicines incurred for providing health services - The Appellate Tribunal, after considering the submissions and evidence presented by the appellant, found merit in their argument. They upheld the view that since hospitals purchase medicines to provide them to patients under the RSBY health scheme, the cost of medicines should not be included in the taxable amount. en-us Wed, 08 May 2024 09:33:22 +0530 Wed, 08 May 2024 09:33:22 +0530 TaxTMI RSS Generator Hospitals under RSBY can exclude medicine costs from taxable amount, boosting health service affordability. https://www.taxtmi.com/highlights?id=77228 Eligibility for deduction of cost of medicines incurred for providing health services - The Appellate Tribunal, after considering the submissions and evidence presented by the appellant, found merit in their argument. They upheld the view that since hospitals purchase medicines to provide them to patients under the RSBY health scheme, the cost of medicines should not be included in the taxable amount. Highlights Service Tax Wed, 08 May 2024 09:33:22 +0530 https://www.taxtmi.com/highlights?id=77228