Chemists Association of Pune District awaits FM Arun Jaitley's reply

ST Correspondent
Friday, 6 October 2017

The association had sent a letter to the FM in July highlighting their plight

Pune: Chemists Association of Pune District is waiting for a reply to a letter that the association had written to Finance Minister Arun Jaitley on July 15, highlighting the problems faced by the chemists in the application of Goods and Services Tax (GST) being charged on expired medicines and non-moving medicines which is an additional burden on chemists and pharmaceuticals. 

According to the letter sent by Chemists Association Pune District, the chemists have also urged the ministry to raise the limit to Rs two crore. The letter states that the in retail business there are more than eight lakh retail chemists with more than 1.5 lakh brands with varying GST per cent from 0 to 28. Each retail chemist has more than 20,000 brands in the shop. It is not feasible to calculate the above as the need of human resource also increases with additional work.

There is also the major problem of non-moving and expired medicines due to which the availability of medicines will be severely affected and its solution remain unanswered, further stated the letter.

Speaking to Sakal Times, Secretary of Chemists Association of Pune District, Vijay Changedia said, “There has been no reply from the government yet. The question is of additional burden on the chemists. The companies take a strict action and so it affects the overall economy of the chemists. Many chemists are paying double tax. The expired medicines are chargeable again. Earlier, the system was the same that the expiry medicines were not charged. We are in a fix. We think about not buying more medicines as they will all get expired and we will have to bear the loss for them,” said Changedia.

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