Tag Archives

Archive of posts published in the tag: rate

Two months after GST rate cut, consumers still overcharged by Ayurveda & cosmetics manufacturers

More than two and half months have actually passed considering that GST Council has reduced GST rates of unbranded ayurvedic medicines and cosmetic products having medical gain from 12% to 5% and 28% to 18%, the manufacturers of ayurvedic items and cosmetics are…

Karnataka Ayurveda industry wants GST Council to extend 5% rate to all categories and not just …

According to JSD Pani, president, Karnataka Indian Medicine Manufacturers Association (KIMMA), the industry was hoping for a single slab of 5% on all category of ayurvedic drugs. The small units which were hither to exempted from Central Excise duty were paying 5.5% VAT…

North Ayurveda cos urge govt to make reduced GST rate for all products

Proprietary/patented ayurvedic formulations have a huge market not only in India but also across the globe. It would be prudent to say that this … Google Alert – ayurveda