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

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..... Recommendations of 44th GST Council Meeting - Change in GST Rates on goods being used in Covid-19 relief and management - Goods and Services Tax - GST Dated:- 12-6-2021 - News - 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 rat .....

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..... es on the specified items being used in Covid-19 relief and management till 30 th 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 : .....

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..... S. No. Description Present GST Rate GST Rate recommended by GST Council Medicines 1. Tocilizumab 5% Nil 2. Amphotericin B 5% Nil .....

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..... 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 .....

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..... 5% Oxygen, Oxygen generation equipment and related medical devices 1. Medical Grade Oxygen 12% 5% 2. Oxygen Concentrator/ Generator, including personal imports thereof 12% 5% .....

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..... 3. Ventilators 12% 5% 4. Ventilator masks / canula / helmet 12% 5% 5. BiPAP Machine 12% 5% 6. High flow nasal canula (HFNC) device 12% .....

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..... 5% 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% Other Covid-19 .....

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..... related relief material 1. Pulse Oximeters, incl personal imports thereof 12% 5% 2. Hand Sanitizer 18% 5% 3. Temperature check equipment 18% 5% .....

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..... 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 30 th September 2021. ***** - News - Press release - PIB T .....

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..... ax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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