New Delhi: The 44th GST Council met under the chairmanship of union finance minister Nirmala Sitharaman, Saturday has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.
The meeting was also attended by union minister of state for finance 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.||Description||Present GST Rate||GST Rate recommended by GST Council|
|3.||Anti-Coagulants like Heparin||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%|
|Oxygen, Oxygen generation equipment and related medical devices|
|1.||Medical Grade Oxygen||12%||5%|
|2.||Oxygen Concentrator/ Generator, including personal imports thereof||12%||5%|
|4.||Ventilator masks / canula / helmet||12%||5%|
|6.||High flow nasal canula (HFNC) device||12%||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 related relief material|
|1.||Pulse Oximeters, incl personal imports thereof||12%||5%|
|3.||Temperature check equipment||18%||5%|
|4.||Gas/Electric/other furnaces for crematorium, including their installation, etc.||18%||5%|
These rate reductions/exemptions shall remain in force upto 30th September 2021.