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Drug retailers spooked by GST, prices likely to increase - The News

Posted

July 4, 2017

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The GST rollout could see some shortage of medicines especially for Asthmatic and diabetic patients, for the initial few days post GST implementation because chemists stopped buying fresh stocks since 15th June in preparation for the change in the tax regime.

Chemists and pharmacies could run low on stocks of medicines for Asthma and Diabetes in the run up to GST. Retailers told MIRROR NOW that fresh stocks of these medicines are expected to hit stores only after July 15th.

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