WebMar 30, 2024 · Since, 15% tax was applicable, your final payable amount was Rs. 28,750 (Rs. 25,000 premium + Rs. 3,750 tax). If you buy a similar coverage when GST is applicable, the calculations will be as follows. Sum insured: Rs. 10 Lakhs. Policy Premium: Rs. 25,000 (assuming the rates are unchanged) 18% GST: Rs. 4,500. WebJan 2, 2024 · Exemptions notification on Health Care services under GST: Notification No. 12/2024- Central Tax (Rate) dated 28.06.2024 has exempted health care services vide …
HSN Code and GST Rate for Pharmaceuticals and Medicines - GST …
Webhsn code. hsn code description: import policy: policy conditions: gst rate in percentage: 3001: glands and other organs for organo-therapeutic uses, dried, whether or not powdered; extracts of glands or other organs or of their secretions for organo- therapeutic uses; heparin and its salts; other human or animal substances prepared for therapeutic or prophylactic … WebFeb 18, 2024 · Dr. Anant Pandhare, Medical Director, Dr. Hedgewar Hospital informed, “Applicable GST rates in hospitals for healthcare commodities like contraceptives and blood is 0%, for medicines and other ... cake gold and black
GST on Medicines and Medical Supplies - Compare
WebMay 25, 2024 · In India GST rate for various goods and services is divided into four slabs: they are 5% GST, 12% GST, 18% GST, & 28% GST. GST Rate changes from 1st January 2024 The government has raised the … WebJan 23, 2024 · GST rates on services comprising of 5%, 12%, 18% and 28% comes with various pros and cons for the consumers. However, government has exempted healthcare and educational services from the purview of the GST. The Goods and Services Tax council has passed the rate slabs at NIL, 5%, 12%, 18%, 28%. WebRecently, we have discussed about GST rates for Goods at 18% as approved by GST Council. Today, we shall know about the GST rates for Goods at 28% decided by the GST Council. The GST Council has broadly approved the GST rates for goods at nil rate, 0.25%, 3%, 5%, 12%, 18% and 28% to be levied on certain goods. cnews image