03 August 2026
A partnership firm has an agreement with a company(business of operating a laboratory collection centre) to arrange diagnostic services such as blood tests, biopsies, and other laboratory tests. The company pays the entire amount to the firm, the firm retains its commission and remits the balance to the laboratory performing the tests. In this business model, is the firm liable to obtain GST registration?
04 August 2026
The partnership firm provides intermediary/facilitation services rather than direct exempt healthcare services. Its commission income is taxable at 18% GST, and the firm is liable to obtain GST registration if its aggregate turnover exceeds ₹20 Lakhs in a financial year.