GST Council imposes tax, 5 percent on hospital rooms above Rs 5000 - Video

Amid Inflation, the all-powerful Goods and Services Tax (GST) Council chaired by Finance Minister Nirmala Sitharaman has decided to rationalise rates to remove the inverted duty structure and withdraw GST exemption in case of many items leading to a hike in tax rates.

For the first time in the country, healthcare services have been brought under the GST net as the council has decided to impose 5 per cent GST without input tax credit on hospital rooms above Rs 5000 per day excluding ICUs.

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First-Time Tax On Healthcare Services: Now 5% GST On Hospital Rooms Above Rs 5000 Per Day, NO Input Credit Claim For Hospitals