22 May 2017
respected sir , what is the rate of tax for drugs &medicines sold in retail medical shops and used by consumers.whether it is 5% or 12% .there is confusion . please discuss
Expert :
Anonymous
Expert :
Anonymous
(Expert)
22 May 2017
Rate of gst is 5%
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 May 2017
in my opinion 5% is for bulk drugs .and 12% is for all drugs and medicines for sale in retail counters for consumers including ayurvedic ,homio and others