GST jitters:Chemists’ body says not to panic,retailers not affected

GST jitters:Chemists’ body says not to panic,retailers not affected

Goods & Services Tax

Fearing some amount of financial loss with the introduction of the Goods and Service Tax (GST), chemists have not ruled out a temporary shortage of drugs in the market. The Chemists Association of Pune,having 7,000 retailers under its aegis,admitted that they were not willing to keep stocks.“With just 10 days left before GST is introduced on July 1,we don’t have much time to update our database & do coding of the products as per new structure.” said Chemists Association of Pune.