GST Rate for Pharmaceutical Products
| Rates (%) | Description |
| 12% | 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 uses, not elsewhere specified or included |
| NIL | Human Blood and its components |
| 5% | Animal or Human Blood Vaccines |
| 12% | Animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and modified immunological products, whether or not obtained by means of biotechnological processes; toxins, cultures of microorganisms (excluding yeasts) and similar products |
| 12% | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of two or more constituents which have been mixed together for therapeutic or prophylactic uses, not put up in measured doses or in forms or packings for retail sale, including Ayurvedic, Unani, Siddha, homeopathy and Biochemic systems medicaments |
| 12% | Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale, including Ayurvedic, Unani, homeopathy siddha or Biochemic systems medicaments, put up for retail sale |
| 12% | Wadding, gauze, bandages and similar articles (for example, dressings, adhesive plasters, poultices), impregnated or coated with pharmaceutical substances or put up in forms or packings for retail sale for medical, surgical, dental or veterinary purposes |
| NIL | All types of contraceptives |
| 5% | Ostomy appliances including pouch or flange, stoma adhesive paste, barrier cream, irrigator kit, sleeves, belt, micro-pore tapes |
| 12% | Pharmaceutical goods specified in Note 4 to this Chapter [i.e. Sterile surgical catgut, similar sterile suture materials (including sterile absorbable surgical or dental yarns) and sterile tissue adhesives for surgical wound closure; sterile laminaria and sterile laminaria tents; sterile absorbable surgical or dental haemostatics; sterile surgical or dental adhesion barriers, whether or not absorbable; Waste pharmaceuticals] [other than contraceptives] and Ostomy appliances |
| 5% | Insulin |
| 5% | Diagnostic kits for detection of all types of hepatitis |
| 5% | Desferrioxamine injection or deferiprone |
| 5% | Cyclosporin |
| 5% | Medicaments (including veterinary medicaments) used in bio-chemic systems and not bearing a brand name |
| 5% | Oral re-hydration salts |
| 5% | Drugs or medicines including their salts and esters and diagnostic test kits, specified in List 1 appended to this Schedule |
| 5% | Formulations manufactured from the bulk drugs specified in List 2 appended to this Schedule |
| 5% | Medicaments (including those used in Ayurvedic, Unani,Siddha, Homeopathic or Bio-chemic systems)) |
| 12% | Following goods namely:- a. Menthol and menthol crystals, b. Peppermint (Mentha Oil), c. Fractionated / deterpenated mentha oil (DTMO), d. Dementholised oil (DMO), e. Spearmint oil, f. Mentha piperita oil |
From,
Krishnakant Jakhotia
Mobile No :- 9422507911
Email Id :- taxtalknew@gmail.com
