Payments not made within 45 days will only be allowed in the year of payment. Therefore, even if an April bill is paid in March, it will be allowed as it falls within the year of payment.
Consequently, only bills outstanding as of February 15th, not paid before March 31st, need to be disallowed.
When the agreement value exceeds 65 lakhs but only 5 lakhs is paid upfront, with the remaining amount to be paid in 12 monthly installments, what are the buyer's obligations regarding TDS deduction at the time of upfront payment and monthly payments?
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Sir, I had posted query as to whether RCM is applicable for payments made for attending patients by a Private Ltd. Hospital to a Director who is also a director of that Company. For this I received a reply in our forum that it is applicable. But GST practitioners in other forums say that the service being Health service provided by the said doctor RCM is not applicable. Kindly explain as many hospitals would be impacted if the RCM is applicable.
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