Kolkata chemists will sell medicine at pre-GST prices
Chemists in the city of Kolkata have decided that they will continue selling medicine at pre GST prices.
This will be done till the existing stock of medicine is finished and new stock with updated MRP becomes available.
The decision by chemist will also avoid the confusion about calculating the medicine price as per GST.
The price of medicine will change when the new stock comes in with GST tax applied.
Around 85% of drugs have been put in the 12% tax slab under GST. This means a slight increase in the prices of most medicine a fall in profit margins.