Revers charge in GST
Query (Issue) Started By: – Vishnu Dutt Gupta Dated:- 18-7-2017 Last Reply Date:- 20-7-2017 Goods and Services Tax – GST
Got 5 Replies
GST
We have given the monthly fix amount contract to doctor for medical services in our company
\nIs any revers charge applicable in GST.
\nRgds,
\nMJ
\nReply By KASTURI SETHI:
\nThe Reply:
\nHealth care services have been exempted vide entry No. 77 in Notification No. 9\/2017-intergrated tax (Rate) dated 28.06.2017 .
\n " Services by way of health care services by a clinical establishment, an authorised medical practitioner or para-medics."
\n(s) “clinical establishment” means a hospital, nursing home, clinic, sanatorium or any other institution by, whatever name called, th<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n The Bhutan operator does not charge any GST as it does not fall in Indian tax jurisdiction. Hence let take our purchase price as INR 100 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Revers charge in GST Query (Issue) Started By: – Vishnu Dutt Gupta Dated:- 18-7-2017 Last Reply Date:- 20-7-2017 Goods and Services Tax – GSTGot 5 RepliesGSTWe have given the monthly fix amount contract to doctor for medical services in our company Is any revers charge applicable in GST. Rgds, MJ Reply By KASTURI SETHI: The … Continue reading “Revers charge in GST”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-6194","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6194"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/6194\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nStage 2 – Now when we sale the package to X agency in Indian then we bill the agency with GST of 5%.
\nHere our sale become our Bhutan Purchase INR 100 + Our markup 10 (100 + markup 10 ) + GST of 5% on 110 +5% GST = INR 115.50
\nComments required
\n * Are the above transaction fine as per the current GST procedure
\n * Do we need to charge RCM of 5% on our purchase price from Bhutan i.e 100
\n * In case we charge RCM then our tax components become 10%
\n * Will we get input credit for paying the RCM for oversea supplier who is not part of Indian tax jurisdiction.
\n * In case we don't get input credit then our p<\/p>\n
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