News
Hospitals move GST Council for relief from higher taxes on inputs
- Date:
- August 22, 2017
- Source:
- Live Mint
Although healthcare is exempt under the goods and services tax (GST) regime, increased rates of taxes on inputs such as medical equipment, diagnostics, reagents, labour and maintenance of medical equipment have started pinching healthcare providers, who warn that the higher costs may soon trickle down to patients. Top hospitals have approached the GST Council and have urged it to lower the tax rat…