Budget expectation: Bring GST rate on APIs at par with the formulations
Express Pharma
JANUARY 12, 2024
Expectation #2: Modification of sub-section(2)(b) of section 115BAB – Section 115BAB provides a concessional tax rate of 15 percent to the company that is engaged in the business of manufacturing or production of any article or thing and research in relation to, or distribution of, such article or thing manufactured or produced by it.
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