• Pharma
  • July 12, 2023
Import Of Cancer Drug For Personal Use Exempted From GST, Council Reduces Tax On Food Served In Cinema Halls

The GST council in its 50th meeting decided to reduce tax rates on the cancer drug Dinutuximab and Food for Special Medical Purposes (FSMP) used in the treatment of rare…

  • Pharma
  • April 1, 2022
Reduce GST on Medicines, Diagnostic kits & Medical instruments from 12 to 5%: Nathealth study

The goods and services tax (GST) rate on certain sector-specific items including medicines, diagnostic kits and medical instruments should be brought down from 12 per cent to five per cent in order…

Indian Medical Device Industry is staring at biggest jolt ever, thanks to GST

New Delhi: Indian Medical Industry leaders, who had perked up after trumpeting of ‘Make in India’ slogan by the incumbent government, are now crest fallen as import of medical devices…

  • Pharma
  • June 17, 2018
DGGI sent notice to Pharma firms for not cutting GST on Free supply

Indian Tax department sent notices to big pharma companies for not cutting Goods and Services Tax(GST) on free goods or samples to the retailers. With regard to this notice, tax…