The goods and services tax (GST) on formulations is 12% for most medicines, as compared to the earlier 5% VAT.
Almost 20 to 25% Indian lives below poverty line. In majority of the cases, their health concern become major concern (specially for elders). In this circumstances, it become illogical and unjustified to put GST on LIFE SAVING DRUGS.
Why a person should pay 12% GST on medicine in a difficult financial situation wherein sometime the family takes loan on heavy interest to save life of their family member? (Hence they have to pay TAX (GST) and interest on loan)
We should demand that our political parties must to come together in order to give TAX waiver for the Indian Citizens in the case of life saving drugs.
As we know that many medicines comes under LIFE SAVING DRUGS and are costly. We also know that medicines are not a LUXURY item. It become critically needed to save life when required.
Almost 20 to 25% Indian lives below poverty line. In majority of the cases, their health concern become major concern (specially for elders). In this circumstances, it become illogical and unjustified to put GST on LIFE SAVING DRUGS.
Why a person should pay 12% GST on medicine in a difficult financial situation wherein sometime the family takes loan on heavy interest to save life of their family member? (Hence they have to pay TAX (GST) and interest on loan)
We should demand that our political parties must to come together in order to give TAX waiver for the Indian Citizens in the case of life saving drugs.
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