44th GST Council meet: GST on COVID treatment drugs, testing kits, Oxygen Concentrators, Ambulances reduced

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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
  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 upto 30th September 2021.

 

 

 

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