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The impact on cost to patient should be very marginal

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As healthcare services have been exempted from GST to a large extent, therefore the status by and large would be as before

wock-gst“Healthcare services have been exempted from GST to a large extent. Therefore the status by and large would be as before. However, there is a change in the inputs costs for the service provider in terms of increase of tax on outsourced services like housekeeping, security etc. This would push the costs of treatment upward. We have yet to analyse the impact of change in prices of medicines and consumable. This factor would entirely depend on the manufactures who will be fixing the prices afresh. By the information so far, on this account, the impact on the cost to the patient should be very marginal.”

Anupam Verma, President, Wockhardt Hospitals

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