Pharma Export Body Seeks GST Fix, Warns Of Threat To India’s ‘Pharmacy of the World’ Status
Last Updated:August 30, 2025, 13:37 is Pharmexcil said the proposed two-slab GST structure could severely impact small businesses and weaken working capital flows If formulations are moved into the 5 per cent bracket while APIs remain at 18 per cent, the inverted duty gap would widen to 13 per cent. The apex pharmaceuticals export body…