GST on specified medicines and diagnostic kits applies at a reduced rate for a limited period. A temporary concessional tax treatment applies to specified pharmaceutical goods: GST at 5% is applicable to drugs and medicines (including their salts and esters), diagnostic test kits identified alongside those drugs, and pharmaceutical formulations when intended for personal use, linked to listed schedule entries for identification and operative for the stated limited period.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST on specified medicines and diagnostic kits applies at a reduced rate for a limited period.
A temporary concessional tax treatment applies to specified pharmaceutical goods: GST at 5% is applicable to drugs and medicines (including their salts and esters), diagnostic test kits identified alongside those drugs, and pharmaceutical formulations when intended for personal use, linked to listed schedule entries for identification and operative for the stated limited period.
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