Sanitisers medicaments or disinfectants? Companies, GST dept lock horns
Companies making hand sanitisers as well as raw materials have come under the lens of the Director General of GST Intelligence for allegedly incorrectly categorising these products and evading tax. But the matter, as it turns out, is not so simplistic as it seems. Pharmaceutical companies have argued that hand sanitisers are medicaments but the taxman believes them to be disinfectants. Thing…