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Gst on medicines used in hospital

JISMY (PHARMA) (23 Points)

06 October 2018

can the drugs be sold at MRP in billing in composite supply

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (161427 Points)
Replied 06 October 2018

Yes, but GST not to be charged extra...

1 Like

anshul jain (184 Points)
Replied 06 October 2018

Agreed with dhiraj lal ji sir just want to add that you have to pay gst to govt. as follow suppose your medicine cost is of rs 118 (assume your medicine fall under 18/ gst slab) then 18 rs is considered for gst and 100 rs for medicine .
secondly although it is composite supply but The main Entry No: 82 of Exemption List
a. Health care services by clinical establishment, an authorized medical practitioner or Para - medics;

b. Services provided by way of transportation of a patient in an ambulance, other than those specified in above.
so you have to find slab for ur medicine and by reverse calculation find the amount of gst.

Pankaj Rawat (GST Practitioner) (55037 Points)
Replied 07 October 2018

But composit dealer cannot collect tax from customer so if sells on MRP ie 100/- he is liable to collect only 100 from customer but has to deposit GST on 100/-.

1 Like