A registered dealer pharmacy store in hospital.sales of medicines to customers OPD and ipd patients.
question:
dealer itc claim taken on OPD or ipd or both applicable in gst act
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Itc claim show procedure for pharmacy in hospital
Replies (1)
Summary: You cannot claim ITC on medicines used for IPD patients because these services are exempt from GST. However, you can claim ITC on purchases related to OPD sales, as these are considered taxable outward supplies. If you use the same inventory for both, you must use a pro-rata method to reverse the ITC corresponding to the IPD (exempt) portion.
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