What is tax rate on medicines?

What is tax rate on medicines?

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3 Answer(s)

VAT panel for 4% tax rate on medicines.

Answered on June 5, 2017.
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According to analyst, it could be mild inflationary impact of GST on prices of medicines in the short term of one-two years. Up to 12% tax rate, the impact on pricing of drugs will be neutral. Beyond that, there will be some inflationary effect.

Answered on June 5, 2017.
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5%

Answered on June 5, 2017.
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Your Answer

Gen GST