Who is online?
In total there are 4 users online :: 0 Registered, 0 Hidden and 4 Guests :: 1 Bot

None

[ View the whole list ]


Most users ever online was 25 on Thu Mar 12, 2015 5:00 pm
Latest topics
» This forum no longer accept new postings
Fri Jul 03, 2015 9:34 am by joseph

» Industrial Diesel
Fri Jul 03, 2015 9:11 am by joseph

» ICT industry
Fri Jul 03, 2015 9:10 am by joseph

» Input Tax (Passenger Car for business purpose)
Mon Jun 29, 2015 5:25 pm by joseph

» Conditions to Claim Input Tax
Mon Jun 29, 2015 3:12 pm by joseph

» Additional industry code
Sun Jun 28, 2015 5:53 pm by joseph

» Sales Commisions
Fri Jun 26, 2015 7:44 pm by Poon1

» Advance payment for services not rendered yet
Thu Jun 25, 2015 4:13 pm by joseph

» Turnover Below RM500,000 subequent to GST registration
Wed Jun 24, 2015 6:16 pm by joseph

» Consigment Sales
Wed Jun 24, 2015 6:00 pm by joseph

» GST Accounting Entries
Tue Jun 23, 2015 10:21 pm by joseph

» Advance payment received from Customer
Tue Jun 23, 2015 5:45 pm by joseph

Statistics
We have 351 registered users
The newest registered user is emtng

Our users have posted a total of 570 messages in 139 subjects
Search
 
 

Display results as :
 


Rechercher Advanced Search


GST Treatment on Healthcare Services and Products

View previous topic View next topic Go down

GST Treatment on Healthcare Services and Products

Post by Admin on 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

Admin
Admin

Posts : 47
Join date : 2014-07-30

http://malaysiagst.forumms.net

Back to top Go down

Re: GST Treatment on Healthcare Services and Products

Post by joseph on Thu Jan 29, 2015 12:17 am

Items under National Essential Medicine List is zero-rated, not exempt.

_________________


DISCLAIMER:
Any opinion expressed is strictly my personal view based on my understanding and interpretation of the GST Act 2014, Regulations, Orders, DG's Panel Decisions and Customs' Guides. You should seek advice from experts and/or the Customs Dept if the subject matter is significant to your business.

joseph

Posts : 277
Join date : 2014-09-25

Back to top Go down

Re: GST Treatment on Healthcare Services and Products

Post by Admin on 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

http://malaysiagst.forumms.net

Back to top Go down

Re: GST Treatment on Healthcare Services and Products

Post by Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum