Recommendations of 44th GST Council Meeting
The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing held on 12th June, 2021. 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 30 September, 2021.
The details of recommendations are:
A. MEDICINE
|
S. No. |
Description |
Present GST Rate |
GST Rate recommended by GST Council |
|
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
|
S. No. |
Description |
Present GST Rate |
GST Rate recommended by GST Council |
|
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
|
S. No. |
Description |
Present GST Rate |
GST Rate recommended by GST Council |
|
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
|
S. No. |
Description |
Present GST Rate |
GST Rate recommended by GST Council |
|
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% |
These rate reductions/exemptions shall remain in force up to 30th September 2021.
Source: https://pib.gov.in/PressReleasePage.aspx?PRID=1726525
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