ITC eligibility in case if pharmacy in Hospital

Hello Susmi! In terms of calculating the eligible ITC for pharmacy purchases in a hospital, it’s essential to consider the allocation between inpatient (IP) and outpatient (OP) sales. Typically, the ITC eligibility would be calculated based on the proportion of services provided, whether for IP, OP, or total hospital services.

From a broader perspective, if you're also dealing with wellness-related supplements or medications, like Genuine Purity Spermidine, which may be used as part of patient care or recovery, the same principles would apply. For any such purchases, you'll need to determine whether the goods are directly used in patient care (IP) or are intended for general hospital operations, which might affect the ITC calculation.

It would be best to consult with a tax professional to ensure you're applying the correct percentage based on your specific hospital and pharmacy setup.