GST rates for C-19 medicine and goods: 44th GST Council Meeting

These rate reductions/exemptions shall remain in force upto 30th September 2021.

60
Medicine Medical
Picture: Pixabay

Last Updated on June 14, 2021 by The Health Master

The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The Council in its meeting has decided to reduce the GST rates on the specified items being used in C-19 relief and management till 30th September, 2021.

The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & States / UTs.

The details of recommendations are given below :

S. No.DescriptionPresent GST RateGST Rate recommended by GST Council
Medicines
1.Tocilizumab5%Nil
2.Amphotericin B5%Nil
3.Anti-Coagulants like Heparin12%5%
4.Remdesivir12%5%
5.Any other drug recommended by Ministry of Health and Family Welfare (MoHFW) and Dept. of Pharma (DoP) for C-19 treatmentApplicable Rate 5%
Oxygen, Oxygen generation equipment and related medical devices
1.Medical Grade Oxygen12%5%
2.Oxygen Concentrator/ Generator, including personal imports thereof12%5%
3.Ventilators12%5%
4.Ventilator masks / canula / helmet12%5%
5.BiPAP Machine12%5%
6.High flow nasal canula (HFNC) device12%5%
Testing Kits and Machines
1.C-19 Testing Kits12%5%
2.Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH12%5%
Other C-19 related relief material
1.Pulse Oximeters, incl personal imports thereof12%5%
2.Hand Sanitizer18%5%
3.Temperature check equipment18%5%
4.Gas/Electric/other furnaces for crematorium, including their installation, etc.18%5%
5.Ambulances28%12%

These rate reductions/exemptions shall remain in force upto 30th September 2021.

Govt to develop technical guide to monitor Adverse Drug Reactions

Resident Doctors pursuing PG courses seek SC direction to waive final…

Mucormycosis Early Detection Centre launched

Alkem launches Drug for Epilepsy treatment in India

Black Fungus: Mankind Pharma launches drug for treatment

Kids below 18: Govt issues guidelines for management of black fungus

Telegram
WhatsApp
Facebook
LinkedIn
Google-news

Enter your email address:

Delivered by FeedBurner