The Optical Illusion Of 0% GST On Sanitary Napkins

Consumer products company Johnson & Johnson India Pvt. Ltd. lowered prices of sanitary napkins after the feminine hygiene products were exempted from the goods and services tax last month. Till then sanitary napkins were taxed at 12 percent GST. But prices have not come down by as much. That’s because manufacturers can no longer claim credits for taxes paid on inputs—they could earlier set off…