Seen many GST videos. But no one explained credit as simple as you did. Thank you. Got a query. What if am treating and selling medicines also in my clinic, apart from consultation?
@@thewhitetuskdentistry3090 if you provide only exempted tax supplies on which tax is 0 then what so ever be the turnover you need not get any GST no. unless or until you provide any taxable services like smile enhancement etc services
If it's a commercial property and your owner is registered under GST, he has to pay gst tax and will have to collect it from you, and if you are under GST then you can take the input and apply for refund ,but the regular gst filings work will increase,Check if it's really beneficial to you.
Some insurance company asked physiotherapy gst bills for reimbursement. I have contacted 5 CA , all they said GST is applicable for physiotherapy services. So I have been collecting 18 % and filed about 3 Lskhs since October,2023. But most patients are not willing to pay GST . No physio clinics are collecting gst from them , they ssid . I have Telangana paramedical board registration from Telangana Govt. And I have Allopathic private medical establishment licence from Govt of Telangana medical health and family welfare, district registration department for my physiotherapy clinic. Please suggest me my gst is under exemption or shall I cancel it ? I filed my ITR turn over below 20 Lakhs. Is there any problem if I cancel it ? Or Shall I file nill ? Then I wont collect the gst tax from the some patients. Can I claim the GST which I paid to the Govt ? Plz 🙏 help me .
Many of the health care services are exempted from GST, And once amount paid to GST as tax its almost next to impossible to get it back, Either you check your services as per the SAC code whether it's exempted or taxable, then decide. For your turnover it's not at all mandatory to obtain GST, it's better to cancel your registration.
if you expect your turnover will cross 20 lakhs soon and you sell any taxable supplies then don't cancel it, if it will not cross 20 lakhs or you only provide exempted services although the turnover crosses 20lakhs there is no need for GST.
Seen many GST videos. But no one explained credit as simple as you did. Thank you. Got a query. What if am treating and selling medicines also in my clinic, apart from consultation?
Thank you for this video dr
What if the earning is more than 20 lakhs in a year, then also GST filing isn't needed?
Correct. No GST is required.
But if a clinic makes 20L+ and it reflects in the bank account, then how can we legally dodge GST number while paying taxes
@@thewhitetuskdentistry3090you have to take gst no.
@@thewhitetuskdentistry3090 if you provide only exempted tax supplies on which tax is 0 then what so ever be the turnover you need not get any GST no. unless or until you provide any taxable services like smile enhancement etc services
But my building owner is telling, that he has to pay gst to the govt..and asking me to pay rent(25k)+18 % gst... Sir. Whats thr solution for it
If it's a commercial property and your owner is registered under GST, he has to pay gst tax and will have to collect it from you,
and if you are under GST then you can take the input and apply for refund ,but the regular gst filings work will increase,Check if it's really beneficial to you.
Some insurance company asked physiotherapy gst bills for reimbursement. I have contacted 5 CA , all they said GST is applicable for physiotherapy services. So I have been collecting 18 % and filed about 3 Lskhs since October,2023. But most patients are not willing to pay GST . No physio clinics are collecting gst from them , they ssid . I have Telangana paramedical board registration from Telangana Govt. And I have Allopathic private medical establishment licence from Govt of Telangana medical health and family welfare, district registration department for my physiotherapy clinic. Please suggest me my gst is under exemption or shall I cancel it ? I filed my ITR turn over below 20 Lakhs. Is there any problem if I cancel it ? Or Shall I file nill ? Then I wont collect the gst tax from the some patients. Can I claim the GST which I paid to the Govt ? Plz 🙏 help me .
Many of the health care services are exempted from GST, And once amount paid to GST as tax its almost next to impossible to get it back,
Either you check your services as per the SAC code whether it's exempted or taxable, then decide. For your turnover it's not at all mandatory to obtain GST, it's better to cancel your registration.
What if we have registered GST already. Shall we cancel the registration now?
if you expect your turnover will cross 20 lakhs soon and you sell any taxable supplies then don't cancel it,
if it will not cross 20 lakhs or you only provide exempted services although the turnover crosses 20lakhs there is no need for GST.
Very good insight
Medical reimbursement k liye koi maange to dentist se
Subscribed✌️
Subscribed 💐👍