GST

Recommendations of 44th GST Council Meeting. GST Rates reduced on Covid-19 relief goods

Recommendations of 44th GST Council Meeting. Change in GST Rates on goods being used in Covid-19 relief and management

The 44th GST Council met today under the Chairmanship of Union Finance & Corporate Affairs Minister through video conferencing .

The Council decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.

The Finance Ministers of States & UTs and senior officers of the Ministry of Finance & States/ UTs were participants of the meeting.

The details of Recommendations of 44th GST Council Meeting are as under:

S. No. Description Present GST Rate GST Rate recommended by GST Council
A. 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%

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

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