AAR: Denies ITC on free medicines/medical services used by employees/dependents/pensioners

Tamil Nadu AAR rules that the applicant, providing medical services and medicines as part of mandated rules, is not entitled to take credit of input tax on the inward supply of medicines used in providing medical facilities to the employees, pensioners and their dependents in the in-house hospital; Notes that medicines are given free of cost and medicinal equipment is used to render health benefits to the employee which is part of the package to the employee and that no outsi...