The Supreme Court has held that medicated talcum powder Nycil, which is used to treat prickly heat, is a 'cosmetic' and not a 'medicament', reports Lubna Kably. As cosmetics are taxed at a higher rate - both under the earlier indirect tax laws and current GST provisions - this means that the ultimate consumer will pay a higher price.
from India News | Latest India News Headlines & Live Updates from India - Times of India https://ift.tt/C8HJieb
via IFTTT
0 Comments