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

by Reshma Anand on Jan 2 2016 1:10 PM

The Government has exempted the drugs required by dialysis patients from various taxes making drugs related to dialysis procedure cheaper.

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

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


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