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GST Treatment on Healthcare Services and Products
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GST Treatment on Healthcare Services and Products
by Admin Wed Jan 28, 2015 11:42 pm
Healthcare services provided by government is out of scope – no GST
GST is exempted only for services provided by healthcare professionals employed by private hospitals
Professional fees and clinic rental by of part time specialist not employed by the hospital or provide healthcare on contract is subject to GST. As such, their consultation and procedural including surgical fees would be subject to GST
The following are subject to GST:-
Rental of operation theatre and medical equipment
Sale of medical aids like crutches, wheelchairs, artificial limbs, hearing aids etc
Consumable medical products
Ambulance services
Management services
Medical opinion from foreign specialists
Traditional and complementary medical services
Only medicines on Customs Essential Medicine List will be exempt supply
Source : Article by Dr Milton Lum, The Star, 7th Dec 2014
GST is exempted only for services provided by healthcare professionals employed by private hospitals
Professional fees and clinic rental by of part time specialist not employed by the hospital or provide healthcare on contract is subject to GST. As such, their consultation and procedural including surgical fees would be subject to GST
The following are subject to GST:-
Rental of operation theatre and medical equipment
Sale of medical aids like crutches, wheelchairs, artificial limbs, hearing aids etc
Consumable medical products
Ambulance services
Management services
Medical opinion from foreign specialists
Traditional and complementary medical services
Only medicines on Customs Essential Medicine List will be exempt supply
Source : Article by Dr Milton Lum, The Star, 7th Dec 2014
Admin- Admin
- Posts : 47
Join date : 2014-07-30 -
Re: GST Treatment on Healthcare Services and Products
by joseph Thu Jan 29, 2015 12:17 am
Items under National Essential Medicine List is zero-rated, not exempt.
joseph- Posts : 277
Join date : 2014-09-25
Re: GST Treatment on Healthcare Services and Products
by Admin Thu Jan 29, 2015 9:33 am
joseph wrote:Items under National Essential Medicine List is zero-rated, not exempt.
Thanks for the correction Joseph.
Admin- Admin
- Posts : 47
Join date : 2014-07-30 -
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