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44th GST Council Meeting
The GST Council met again today on 12th June, 2021 to convene the 44th GST Council Meeting through video conferencing. The meeting was chaired by the Chairman of the Union Finance & Corporate Affairs Minister, Smt. Nirmala Sitharaman. It was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & States/ UTs. The main intent to convene this meeting was to recommend revised rates for Covid-19 related items and equipment. The Finance Ministry has recommended revision in GST rates for multiple items including items associated with Covid Relief Material. These recommendations will stay in force till 30th September 2021.
Revised Rates
| S.No. | Description | Existing Rate | Revised Rate |
|---|---|---|---|
|
A. 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% |
|
B. 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% |
|
C. 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% |
|
D. 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% |
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