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New Delhi : The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs MinisterNirmala Sitharaman through video conferencing here on June 12, 2021. The Council, at its meeting, decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till September 30, 2021.

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

The details of recommendations are given below :

S. No. Description Present GST Rate GST Rate recommended by GST Council
  1. 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%
  1. 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%
  1. 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%
  1. 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 up to September 30, 2021