New Delhi, September 17, 2025: The Association of Diagnostic Manufacturers of India (ADMI) has welcomed the Government of India’s progressive move to rationalise Goods and Services Tax (GST) on diagnostic products—reducing the GST on reagents from 12% to 5% and on instruments from 18% to
Pharmaceutical pricing regulator National Pharmaceutical Pricing Authority (NPPA) has fixed the trade margin (actually mark up) for oxygen concentrators at 70 per cent. In its order dated 3rd June, 2021, the NPPA stated that the trade margin rationalization approach has been taken keeping in mind the
