44th GST Council Meeting dt. 12th June 2021

FM Smt. Nirmala Sitharaman chaired the 44th GST Council Meeting held today at 11 a.m. via video conferencing. As we all know, GoM was formed following the 43rd GST Council Meeting held on 28th May 2021. This meeting was held to discuss the recommendation of GoM (Group of Ministers) relating to tax relief on various Covid essential items. 

The reduced rates will be effective from date of notification in Official Gazette and will be valid till 30th September 2021.

Let's have a look on key reliefs provided in 44th GST Council Meeting :

Sr. No.

Particulars of goods/ services

Existing Rate

Revised Rate

A.    MEDICINES

1.

Remdevisir

Anti-Coagulants like Heparin

12%

5%

2.

Tocilizumab (used during Covid treatements)

Amphotericin B ( the antifungal drug used for black fungus treatment)

5%

NIL

3.

Any other drug recommended by Ministry of Health and Family Welfare (MoHFW) and Dept. of Pharma (DoP) for Covid treatment

Applicable rate

5%

B.     Oxygen, Oxygen generation equipment and related medical devices

1.

Medical Grade Oxygen

12%

5%

2.

Oxygen Concentrator/ Generator, including personal imports thereof

12%

5%

3.

Ventilators

12%

5%

4.

Ventilator masks / canula / helmet

12%

5%

5.

BiPAP Machine

12%

5%

6.

High flow nasal canula (HFNC) device

12%

5%

C.    Testing Kits and Machines

1.

Covid Testing Kits

12%

5%

2.

Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH

12%

5%

D.    Other Covid-19 related relief material

1.

Pulse Oximeters, including personal imports thereof

12%

5%

2.

Hand Sanitizer

18%

5%

3.

Temperature check equipment

18%

5%

4.

Gas/ Electric/ other furnaces for crematorium, including their installation, etc.

18%

5%

5.

Ambulances

28%

12%

 



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