Goa News

Chemists seek 120-day period to transition into new GST rates By Navhind Times - 2025-09-24 0 0 Facebook Twitter Pinterest WhatsApp

NT Reporter

Panaji

Chemists in the state have asked for a protection period of 90-120 days to transition into the new GST rates, seeking to ensure that those who do not stock lower MRP items are not subjected to punitive action by tax officials.

With the revised GST rates coming into effect from September 22, chemists are left with large inventories of medicines and pharmaceutical products purchased at higher GST rates ranging between 12 per cent and 18 per cent.

The Chemists & Druggists Association of Goa (CDAG) on Tuesday requested input tax credit (ITC) on old stock from the government to avoid additional c

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