hyperbole Posted April 20, 2020 Report Posted April 20, 2020 can't the dxxkheads at the top not think at least now it is time to support the hospitals/states/people? Currently, GST rate on ventilator is 12 per cent; on mask, it is 5 per cent; on test kits, it is 12 per cent; on sanitiser, it is 18 per cent; and on PPE, it is 5 per cent (costing up to Rs 1,000) and 12 per cent (if the cost is more that Rs 1,000 per piece). Sources said GST exemption on such items would lead to blocked input tax credit (ITC), thereby increasing the cost of manufacturing and a higher price for consumers. GST exemption on such items would jeopardise the interest of the industry and would not result in any significant gains to consumer, they said adding that in the past, GST exemption on sanitary napkin has led to similar situation for the domestic manufacturers. Quote
manadonga Posted April 20, 2020 Report Posted April 20, 2020 Yes must be thats the way govt will work us lo olympic gold medal tesuku vaste tax kattali Quote
Popular Post Android_Halwa Posted April 20, 2020 Popular Post Report Posted April 20, 2020 All these purchases are being made at institutional level or at least 90% of it...All these medical supplies are being supplied on order basis from manufacturers through their supplier network and I don't see where and how GST is delaying the movement of goods and supplies. 3 Quote
Popular Post Android_Halwa Posted April 20, 2020 Popular Post Report Posted April 20, 2020 Especially when corona treatment is begin undertaken by the government itself, when the government itself is footing the bills for treatment and tests, when GST is pretty much seamless, I don't see why there would be a delay or what so ever.. 3 Quote
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