Simple example is Oxygen IP for medical application was in 5%/ VAT slab, excise was exempted. In GST regime, the tax slab applicable on Oxygen is 18%. Similarly, many equipment which were in exemption slab, will be now chargeable under 5-18% GST. Healthcare services provided by Individual...
It can be tricky to understand because there isn’t a blanket GST imposed on all goods and services. There’s also more than one method to account for GST. Understanding the wording alone can be confusing — it really is like learning a new language. The very first point of order is to...
& the excise duty on the medical & toiletries preparation act. 2. integrated goods and services tax (igst) igst applies to the taxes paid for the international delivery of services & goods. the products are, for example, traded among two states, including karnataka & west bengal, the igst ...
November, the second last month of the year, marks the peak of the festive season, blending celebrations, business events, and preparations for the upcoming year. The month brings a festive boost for businesses, with heightened demand in retail, e-commerce, and services as Diwali and other cel...
New Delhi, July 11 (IANS) The GST Council in its 50th meeting on Tuesday, presided over by Union Finance Minister Nirmala Sitharaman, exempted cancer treatment drugs, special medicines, and food for medical purpose from levy of the Goods and Services Tax. ...
The government then uses the money to pay for public services throughout the country. Not everything for sale in Australia has GST attached to it. Some goods and services are exempt, including certain medical products and services, foods and education courses....
Sir Is there any difference on applicability of GST between a Medical Testing Diagnostic Centre and a Clinical Laboratory attached with a Nursing Home Regards - GST Others
Pharma and Healthcare Industry has grown significantly and enjoys an important position in the global pharmaceuticals and medical field. As the population continues to grow, the need for better Healthcare Services is also growing and the expenditure on the same is increasing, so do revenues from...
Find the latest GST rates for over 20,000 goods and services at IndiaFilings: Get accurate GST tax rates, HSN codes, and SAC codes for easy and precise calculations.
VAT and GST means value added taxes, goods and services taxes or other taxes, duties or levies of a similar nature, which may be charged or imposed by the relevant tax or similar authorities or governmental departments on the expenses incurred for Medical Services rendered with respect to a Di...