AAR: ITC to be restricted on Medicines, Food and Beverages supplied as part of ‘Health Care Services’

Karnataka AAR holds that the ITC is required to be restricted on medicines used in the supply of health care services provided to in-patients & outpatients and supply of food and beverages to inpatients as part of health-care services; Notes that in present case, supply of medicines is not a distinct supply and the medicines are consumed in the course of supply of treatment services and hence would not constitute a ‘composite supply’ as there is only one supply i...