Sunday, November 03, 2013

Subramaniam: GST will not impact healthcare costs

Subramaniam: GST will not impact healthcare costs 

MALACCA: Healthcare costs will not be impacted when the Goods and Services Tax (GST) is implemented in 2015, said Health Minister Datuk Seri Dr S. Subramaniam.
He said this was because healthcare was GST-exempted and as such, urged all quarters not to make speculation on this to avoid confusing the people.
Towards this end, he said the ministry would be carrying out an in-depth study on the GST structure and issue a detailed list of services and health products that are exempted from the GST for public consumption.
"Generally healthcare is GST exempt but because the industry is so wide, it has to be studied in minute detail to list out which services and products are exempt," he told reporters at his Deepavali open house in Ujong Pasir Saturday night.

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