GST on vaccines: Time for clarity, not litigation
Santosh Dalvi and Saurabh Jain highlight the need for clarity on GST classification of vaccines to reduce interpretational…
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Browsing Tag
GST Council
GST rationalisation to reshape affordability and global competitiveness for Indian Pharma: KPMG
India’s pharmaceutical industry, ranked third globally by volume, has long been a cornerstone of the country’s healthcare…
GST council announces to waive off tax on 36 lifesaving drugs
Union Finance Minister Nirmala Sitharam, in the 56th meeting of GST Council, announced to reduced the GST rate from 12 per cent to…
Industry leaders hail GST Reduction on Cancer Drugs to 5%
Pharma experts and healthcare leaders praise the GST cut, calling it a critical step in making life-saving cancer treatments more…
Slashed GST rates on COVID-related items: The stakeholder view
In a recent development, the GST Council reduced the rates of COVID essentials, including drugs for treatment and other related…
FPME requests FM to continue Section 16 of IGST Act, 2017 without amendments
The provision gives two options to exporters, either to use LUT/Bond for removal of goods or services for export or pay IGST on…
Pharma industry deny allegations of GST evasion on hand sanitisers
Industry associations have made representation to different government authorities seeking more clarity