Drug pricing regulator NPPA on Friday said prices of around 78% of “actively used” drugs will remain unaffected after the rollout of GST.
The National Pharmaceutical Pricing Authority (NPPA) has already announced provisional ceiling prices of 761 medicines, including anti-cancer, HIV, diabetes and antibiotics, with a majority being reduced ahead of the implementation of GST.
The prices will be notified as formally revised ceiling prices immediately after GST notification, NPPA had said in a memorandum earlier this week.
“Prices of approximately 78% of all actively used and traded drugs in the country are going to remain unaffected post GST," NPPA tweeted on Friday.
It had earlier indicated that the prices of a majority of essential drugs would increase by up to 2.29% when the GST regime kicks in.
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