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INPUT TAX CREDIT FOR CONSTRUCTION OF HOSPITAL

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..... INPUT TAX CREDIT FOR CONSTRUCTION OF HOSPITAL
Query (Issue) Started By: - VASUDEVAN NAMBOOTHIRI Dated:- 24-7-2017 Last Reply Date:- 8-8-2017 Goods and Services Tax - GST
Got 14 Replies
GST
Sir, We are constructing a Hospital complex. We directly purchase some goods and use in construction. Are we eligible for input tax credit. Reply By Ganeshan Kalyani: The Reply: In my view you ar .....

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..... e not eligible to take input tax credit. Reply By HimansuSekhar Sha: The Reply: If you have undertaken wcs then you are eligible Reply By KASTURI SETHI: The Reply: Pure labour is exempted from GST for Govt. constructions only.Construction of private hospital or hospital complex is not exempted from GST. Since outward supply (Service) is taxable, ITC would be admissible as opined by Sh.Himansu .....

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..... Sekhar Sha Ji. This is my view. Reply By Kishan Barai: The Reply: Correctly explained by KASTURI SETHI Sir & all. Reply By MUKUND THAKKAR: The Reply: constructing a Hospital as a service provider material and erection in such condition view given by Himanshuji is correct. if not as service provider but for own use. in such situation view given by Ganneshji is correct. Reply By KASTURI SE .....

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..... THI: The Reply: Sh.Mukund Thakkar Ji, Sir, I am not deviating from the viewpoint of Sh.Himansu Sha Ji. I want to know the meaning of "For own use" here. Reply By MUKUND THAKKAR: The Reply: Sir, With all respect your view is always up to mark. own use means if I am giving contract someone for immovable property.. in such meaning.. Reply By HimansuSekhar Sha: The Reply: Let the .....

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..... querist explain. Reply By HimansuSekhar Sha: The Reply: All the experts have given the correct opinions. If for personal works no credit is available. I meant the person is providing services. Then credit is available. My regard to all of the views. Reply By Monica Giri: The Reply: Dear Sir/s I have a similar query, if a hospital has taken a commercial property on lease, and is paying GST on .....

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..... rent, is there an option taking Input Tax Credit? since hospital services are exempted from GST. Reply By KASTURI SETHI: The Reply: If output service is exempted from GST, no ITC is admissible. Reply By subramanian vijayakumar: The Reply: Yes if it is for personal use no itc if it is a works contract os seevice then gst will be attracted Reply By nirali shah: The Reply: Sir, Hospital servic .....

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..... es covered under healthcare services hence exempt and so input tax credit will not allowed for providing exempt services. Reply By KASTURI SETHI: The Reply: Health care services are exempted. Construction service is not exempt.
Discussion Forum - Knowledge Sharing .....

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