GST Levy on Pharmaceuticals – Pharma Veterans’ Blog Post #583 by Asrar Qureshi
GST Levy on Pharmaceuticals – Pharma Veterans’ Blog Post #583 by Asrar Qureshi Dear Colleagues! This is Pharma Veterans’ Blog Post #583. Pharma Veterans welcome sharing of knowledge and wisdom by Veterans for the benefit of Community at large. Pharma Veterans Blog is published by Asrar Qureshi on WordPress, the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here. News reports say that the government has finalized the mini-budget to raise about 360 billion rupees by levying 17% General Sales Tax – GST on 140 items or so. The items include milk, cereals, bakery items, meat, chicken, gold, bicycles, cars including electric cars, mobile phones, phone calls, pharmaceutical raw materials and so on. It is yet a draft which will have to be approved by the parliament so that it could be implemented. Considering that most members of our parliament either do not understand such technical matters (the rest understand too well and try to manipulat...