44th GST Council meet: GST on COVID treatment drugs, testing kits, Oxygen Concentrators, Ambulances reduced
New Delhi: Amid walkout by finance ministers of Congress ruled states, the GST Council on Saturday accepted the recommendations of the Group of Ministers (GoM) on reduction of GST on COVID-19 relief items.
The group of ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma, had been formed to examine whether any GST concessions or exemptions should be given on Covid-relief items.
The council has decided to reduce GST on several medicines used in COVID-19 treatment including Remdesivir, Tocilizumab, Harpirin and Amphotericin B. Similarly, GST on medical grade Oxygen, Oxygen Concentrator/ generator, ventilator, HFNC device has been reduced from 12 per cent to 5 per cent. Meanwhile, GST rates on pulse Oxymeters, COVID testing kits has been reduced from 12 per cent to 5 per cent.
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
|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%|
|1.||Covid Testing Kits||12%||5%|
|2.||Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH||12%||5%|
|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.