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TMI BlogEXEMPTION TO SALE OF MEDICINES BY A SEC.12A REGD. TRUSTX X X X Extracts X X X X X X X X Extracts X X X X ..... A CHARITABLE TRUST REGD U/S 12A OF THE IT ACT IS RUNNING A HOSPITAL. THE SERVICES ARE RENDERED AT NO PROFIT NO LOSS BASIS. A PHARMACY IS ALSO RUN BY THE TRUST INSIDE THE HOSPITAL AND SALES ARE TO PATIENTS TO WHOM PRESCRIPTION IS GIVEN BY THE HOSPITAL DOCTOR.OUTSIDERS DO NOT PATRONISE THE PHARMACY, THE OUTWARD SUPPLY OF MEDICINES BY THE PHARMACY EXCEEDS RS.20 LAKHS. CAN THE TRUST CLAIM EXEMP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TION FOR SUPPLY OF MEDICINES ALSO UNDER HEALTH CARE SERVICES ? - Reply By ANITA BHADRA - The Reply = Sir No . Trust can not claim exemption for supply of medicine under health care services. Notification No. 9/2017- Integrated Tax (Rate) dated 28.06.2017 has exempted health care services vide entry no 77 which includes any service by way of diagnosis or treatment or care for illn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ess, injury, deformity, abnormality or pregnancy in any recognized system of medicines in India and includes services by way of transportation of the patient to and from a clinical establishment, Sale of Medicines is Taxable: - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = It is taxable. - Reply By Ganeshan Kalyani - The Reply = In my view it is exempt. - EXEMPTION TO SALE OF ME ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DICINES BY A SEC.12A REGD. TRUST - Query Started By: - kollengode venkitaraman Dated:- 20-7-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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