News
Pharmaceutical companies offering freebies may come under GST lens
- Date:
- May 30, 2018
- Source:
- Economic Times
Pharmaceutical companies offering buy-one-get-one-free schemes or 20% extra for the same price may have to pay goods and services tax ( GST ) on the extra quantities, raising prospect of the principle being applied to a broad spectrum of consumer products, said people with knowledge of the matter. The tax heads of firms such as Novartis India , Sun Pharma , Cipla , Lupin ha…