Applicable or not ?
Querist : Anonymous
I want to know if a doctor doing himself operative his private clinic then does he is liable to pay VAT on drugs giving by him at his clinic or not ?
kindly clarify me
thanks in advance
Yes he is liable to pay vat @5% on the mdicines sold by him to his patients in his clinic.....MJK
Querist : Anonymous
but how to calculate VAT in dr. fees which including drugs & consulting fees
He should issue a bill separately for the value of medicines and show VAT collection in it. He should also take registration under VAT Act, if the total sales goes above Rs 5 lakhs in a year.
MJK
Click here to login now
Similar Resolved Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Minimum tax payable to file Updated return
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- SALARY CAN BE CAPITALIZE
- GST ISSUE OF INPUT AND OUTPUT GST
- GST Intimation due to Government took possession of Business Premises under PPE Act
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
