GST rates reduced on goods being used in COVID-19 relief & management till Sept 30

0 16

New Delhi: The GST Council has decided to reduce the GST rates on the specified items being used in COVID-19 relief and management till 30th September 2021.

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

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.

GST Council has approved a reduction in rate for Remdesivir from 12% to 5%. Besides, tax on Tocilizumab, Amphotericin B medicines has waived off.

Leave A Reply

Your email address will not be published.