Archive · 23 Aug 2025
AIOCD Urges GST Council to Cut Taxes on Medicines
The All India Organisation of Chemists and Druggists (AIOCD) wants the government to lower the Goods and Services Tax (GST) on medicines.
They want all medicines to have a 5% tax, and life-saving medicines to have no tax at all.
The AIOCD, which represents many chemists, says this would help patients by making medicines cheaper.
They also want clear rules on how the new tax rates will affect medicines already in stock.
They are against Ayurvedic medicines facing higher taxes too.
AIOCD urges GST Council to lower GST rates on medicines.
AIOCD wants all medicines under 5% GST, and essential life-saving drugs exempt.
The association represents 12.40 lakh chemists and distributors.
AIOCD opposes higher taxation for Ayurvedic medicines.
AIOCD wants clear guidelines for revised GST rates on existing stocks.
- Who
- All India Organisation of Chemists and Druggists (AIOCD), GST Council
- What
- AIOCD calls for GST rate cuts on medicines.
- When
- Published on August 23, 2025
- Where
- Not explicitly mentioned.
- Why
- To ease the burden on patients and make medicines more affordable.
AIOCD
Government
Proposed GST Rate Reductions
AIOCD
Reduce GST on all medicines, exempting life-saving drugs.
Government
Government considering rationalising GST rates.
- Organization
- All India Organisation of Chemists and Druggists (AIOCD)
- Representation
- 12.40 lakh chemists and distributors
- Requested GST Rate for Medicines
- 5%
- Requested GST Rate for Life-Saving Drugs
- 0%
- Concern
- Increased taxation on Ayurvedic medicines.
Sources
FMCG distributors seek govt guidelines on GST reforms
Tax Reforms and revenue impact: What's at stake in the next GST Council meeting
Buying a car? GST cut may drop prices by ₹1.4 lakh and your EMI by ₹2,000
Goods and Services Tax reforms: When is the GST Council meeting? Dates revealed
56th GST Council meet on September 3–4 to decide on 2-slab taxation proposal