Impact of GST on healthcare industry
Post GST roll-out, healthcare industry leaders share their views on the change in taxation, giving their insights on whether GST…
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Browsing Tag
GST
It is anticipated that the cost on imports of medical equipment may come down marginally
The healthcare industry has been exempted from the goods and services tax altogether and no GST can be levied on healthcare…
Radiology will be affected by GST on three counts
Increasing the tax on purchases critical to the industry will negatively impact the already stressed bottom-lines of healthcare.
The medical devices sector can expect a higher tax burden due to proposed GST rates
The assertion that medical devices including surgical instruments would have a lower tax burden with GST rate pegged at 12 per…
The impact on cost to patient should be very marginal
As healthcare services have been exempted from GST to a large extent, therefore the status by and large would be as before
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Govt’s attempt to exempt healthcare services from GST is a good news
While this shift is dramatic enough, I am glad that the GST council has decided to make the transition as smooth as possible for…