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.
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.
‘The finance minister Sudhir Mungantiwar had announced that taxes on medicines used for dialysis and kidney-related ailments would be waived off in Maharashtra.’
AdvertisementThis 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.