New Delhi, October 10, 2025: The Association of Indian Medical Device Industry (AiMeD) has welcomed the Government of India’s latest step to speed up GST refunds for exporters and manufacturers. The new system, announced by the Central Board of Indirect Taxes and Customs (CBIC), allows 90%
New Delhi, September 16, 2025: The Association of Indian Medical Device Industry (AiMeD) has submitted recommendations to the Hon’ble Union Finance Minister and GST Council Chairperson, Smt. Nirmala Sitharaman, seeking balance GST reforms.AiMeD said the proposed reforms will help reduce healthcare costs for consumers. They
New Delhi, September 2, 2025 – The Association of Diagnostics Manufacturers of India (ADMI) has called upon the Ministry of Commerce & Industry to urgently rationalize the inverted duty structure (IDS) affecting diagnostics kits, reagents, and in-vitro diagnostic (IVD) equipment. ADMI emphasized that the current
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
