Government of Maharashtra Exempts Taxes on Drugs for Kidney-Related Diseases

by Reshma Anand on  January 2, 2016 at 1:10 PM Indian Health News
RSS Email Print This Page Comment
Font : A-A+

People in Maharashtra who are on dialysis treatment can heave a sigh of relief as the state government has decided to exempt taxes on these drugs and medical equipment.
Government of Maharashtra Exempts Taxes on Drugs for Kidney-Related Diseases
Government of Maharashtra Exempts Taxes on Drugs for Kidney-Related Diseases

The state government has decided that 13 drugs and medical equipment, including erythropoietin recombinant injection, peritoneal dialysis fluids, dialyzers, dialysis tubings and dialysis machines will be exempted from all taxes.

This move will benefit thousands of people who are suffering kidney-related diseases. Finance minister Sudhir Mungantiwar has confirmed this and the notification will be issued in a couple of days.

The drugs used for dialysis attract 5% VAT in the state while medical equipment is sold with a VAT ranging between 5-12.5%,. Import duty on dialysis equipment (dialyzer and tubing) is around 44%, making the procedure very expensive. The decision will bring much relief to patients," said a senior officer.

The finance minister had already announced waiving off taxes on medicines required for the cancer treatments in Maharashtra.

Source: Medindia

Post a Comment

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
Notify me when reply is posted
I agree to the terms and conditions

More News on:

Drug Toxicity Drugs Banned in India 

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive