https://www.taxtmi.com/news?id=18422 Specified assistive devices attract a concessional GST rate while their inputs face higher tax rates; the GST framework allows input tax credit refunds when final goods carry a lower positive rate than inputs, enabling manufacturers to recover accumulated credits and reduce domestic production costs. Full exemption would zero rate imports but leave domestic producers bearing input taxes, disadvantaging domestic value addition. en-us Tue, 18 Jul 2017 18:07:43 +0530 Tue, 18 Jul 2017 18:07:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18422 Specified assistive devices attract a concessional GST rate while their inputs face higher tax rates; the GST framework allows input tax credit refunds when final goods carry a lower positive rate than inputs, enabling manufacturers to recover accumulated credits and reduce domestic production costs. Full exemption would zero rate imports but leave domestic producers bearing input taxes, disadvantaging domestic value addition. News - Tue, 18 Jul 2017 18:07:43 +0530 https://www.taxtmi.com/news?id=18422