Summary:
the stock of drugs available, have plunged extremely low at 16.7 days and 21.5 days of stock, against respectively, an average of 24.3 days for all drugs, as of June 14. "People tend to stock up on drugs which they regularly take. AHMEDABAD: Fearing shortage in supply of medicines due to GST implementation, customers appear to have preponed their medicine purchases and thus stocking up on extra medicines. "We will get input tax credit only on the inventory which is purchased with effect from July 1," said Dashrath Patel, a chemist in Stadium area. Estimates by city-based chemists and druggists indicate there is a 30% surge in the sale of anti-diabetic medicines and those for hypertension and cardiovascular diseases.Figures provided by a market research wing of All India Organisation of Chemists and Druggists (AIOCD), the AIOCD-AWACS indicates that the average inventory i.e..