GST Council decides to reduce tax rates on 18 COVID-related items
Published: Jun 12, 2021
By TIOL News Service
NEW DELHI, JUN 12, 2021: THE 44th GST Council has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till September 30, 2021.
The details of recommendations are given below :
|
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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