Goods and Services Tax – Started By: – Vishnu Dutt Gupta – Dated:- 18-7-2017 Last Replied Date:- 20-7-2017 – We have given the monthly fix amount contract to doctor for medical services in our companyIs any revers charge applicable in GST.Rgds,MJ – Reply By KASTURI SETHI – The Reply = Health care services have been exempted vide entry No. 77 in Notification No. 9/2017-intergrated tax (Rate) dated 28.06.2017 . Services by way of health care services by a clinical establishment, an authorised medical practitioner or para-medics. (s) clinical establishment means a hospital, nursing home, clinic, sanatorium or any other institution by, whatever name called, that offers services or facilities requiring diagnosis or treatment or care for illness
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n tax jurisdiction. Hence let take our purchase price as INR 100Stage 2 – Now when we sale the package to X agency in Indian then we bill the agency with GST of 5%.Here our sale become our Bhutan Purchase INR 100 + Our markup 10 (100 + markup 10 ) + GST of 5% on 110 +5% GST = INR 115.50Comments required Are the above transaction fine as per the current GST procedure Do we need to charge RCM of 5% on our purchase price from Bhutan i.e 100 In case we charge RCM then our tax components become 10% Will we get input credit for paying the RCM for oversea supplier who is not part of Indian tax jurisdiction. In case we don t get input credit then our product become 10% higher in compare to any direct supplier from Bhutan to come to india and lock i
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