Tuesday, 13 June 2017

Prices of many essential drugs to rise up to 2.29% post-GST


NEW DELHI: Prices of a majority of essential drugs will increase by up to 2.29 per cent when the Goods and Services Tax regime kicks in from next month. The government has fixed GST rate of 12 per cent on most of the essential drugs as against the current tax incidence of around 9 per cent.

You can read more here: Prices of many essential drugs to rise up to 2.29% post-GST

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