A person maintained a pharmacy store in hospital prinicipal place.sale of medicines to customers for OPD and ipd patients. question: dealer itc claim on OPD or ipd or both applicable in gst act
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Quick Summary
This discussion addresses a key GST question for pharmacy owners operating within hospitals. The core query revolves around whether Input Tax Credit (ITC) can be claimed on medicines sold to both outpatients (OPD) and inpatients (IPD). While the initial question lacked clarity, the advice suggests ITC is generally claimable on all purchases and can be offset against sales. Crucially, it highlights that GST must be charged on outward supplies, whether to inpatients or outpatients, by raising a bill in the consumer's or hospital's name, provided the pharmacy and hospital are separate entities.
Dealer purchase of medicines from registered dealers itc claim taken but dealer sales of medicines to inpatients and outpatient transaction outward supply claim out and in patients sales claim allowed
Whether it is inpatient or out patient, you have to raise bill either in name of consumer or hospital and have to charge GST. This will be applicable when you and hospital are different entities. Regards
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