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GST: Apollo Hospitals hails decision to exempt healthcare

Press Trust of India  |  New Delhi 

Leading healthcare provider Group today welcomed the Council's decision to exempt healthcare from the Goods and Services to be rolled out from July.

"We believe that by doing so the has accorded healthcare and education the due importance and impetus that they need to become game-changing agents for transformation of India, its people and the economy", Group MD Suneeta Reddy said.

Since healthcare was always on the zero list, the impact of this announcement will be neutral, she added.

"It is well known that the is taking many steps towards universal health coverage and as such we wait for their position on input taxes with the hope that they are not cost inflationary", Reddy said.

The Council in its meeting held today in has decided to continue exemption of healthcare, education from

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 21:22 IST