Radiology will be affected by GST on three counts Increasing the tax on purchases critical to the industry will negatively impact the already stressed bottom-lines of healthcare.
The medical devices sector can expect a higher tax burden due to proposed GST rates The assertion that medical devices including surgical instruments would have a lower tax burden with GST rate pegged at 12 per…
The impact on cost to patient should be very marginal As healthcare services have been exempted from GST to a large extent, therefore the status by and large would be as before
Govt’s attempt to exempt healthcare services from GST is a good news While this shift is dramatic enough, I am glad that the GST council has decided to make the transition as smooth as possible for…