New Delhi: The Association of Indian Medical Device Industry (AiMeD) cautioned that changing GST rates for medical devices could impact domestic competitiveness if not carefully managed. Most devices now have a 12% GST, while inputs are taxed at 18%, causing an inverted duty structure and
POST TAGS:
Affordable healthcare IndiaaimedAtmanirbhar Bharat healthcareAyushman Bharat fundingDomestic manufacturing supportGST on medical devicesGST rate changeHealth Cess importsIndian Medical Device IndustryInverted duty structureIRGMAMake in India healthcareMedical device importsNitrile gloves GSTRajiv Nath AiMeD
