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Change-in-GST-Rates-on-goods-being-used-in-Covid-19-relief-and-management

 

Change in GST Rates on goods being used in Covid-19 relief and management

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Introduction-

Union FM Nirmala Sitharaman chaired the 44th GST Council meeting today i.e., 12.06.2021, through video conferencing. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.



Detailed Chart-

S.No. Description Current Rate Revised Rate

Medicines

1.

Tocilizumab

5%

Nil

2.

Amphotericin B

5%

Nil

3.

Anti-Coagulants like Heparin

12%

5%

4.

Remdesivir

12%

5%

5.

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, incl 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%


See the related post: GST credit on Capital Goods




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