Hospital Services is exempt from Goods and Services Tax in India under SAC code 999311.
Hospital Services is classified under SAC code 999311 for GST purposes. The Services Accounting Code (SAC) is used to classify services under GST. This code must be mentioned on GST invoices when billing for hospital services.
Healthcare services by clinical establishments are exempt from GST where room charges are up to ₹5,000/day. From July 2022, hospital rooms above ₹5,000/day (excluding ICU) attract 5% GST without ITC.
Since hospital services is exempt from GST, input tax credit is not available on exempt supplies. Businesses dealing exclusively in exempt goods/services cannot claim ITC on their inputs.
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Hospital Services is exempt from GST in India (0% rate). No GST is charged on the supply of hospital services.
The SAC code for Hospital Services is 999311. SAC (Services Accounting Code) is used to classify services under GST. This code should be mentioned on all GST invoices.
Since hospital services is exempt from GST, no GST needs to be calculated. The selling price is the final price with no additional tax.
No, input tax credit is not available on exempt supplies like hospital services. Businesses dealing in exempt goods cannot claim ITC on related inputs.
Healthcare services by clinical establishments are exempt from GST where room charges are up to ₹5,000/day. From July 2022, hospital rooms above ₹5,000/day (excluding ICU) attract 5% GST without ITC.