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Revision Post – 44th GST Council Meeting

In light of our previous blog, the government of India on a spree of reducing the tax rate again reduced the tax rate substantially after the council meeting held on 12.06.2021. In the council meeting, the tax rate on the covid-19 medical essential reflected a major reduction. Despite that, the government again on 14.06.2021, vide notification 5/2021-CENTRAL TAX (RATE), DATED 14-6-2021 revised the tax rate on various covid-19 treatment essential.

Revised Rates:

Sl. No. Chapter, Heading, Sub-heading or Tariff item Description of Goods (Revised Rate) (Earlier rate)
(1) (2) (3) (4)  –
1 2804 Medical Grade Oxygen 2.5% 5%
2 30 Tocilizumab Nil NIL
3 30 Amphotericin B Nil NIL
4 30 Remdesvir 2.5% 5%
5 30 Heparin (anti-coagulant) 2.5% 5%
6 3002 or 3822 Covid-19 testing kits 2.5% 5%
7 3002 or 3822 Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP (C-Reactive Protein), LDH (Lactate De-Hydrogenase), Ferritin, Pro Calcitonin (PCT) and blood gas reagents. 2.5% 5%
8 3804 94 Hand Sanitizer 2.5% 5%
9 6506 99 00 Helmets for use with non-invasive ventilation 2.5% 5%
10 8417 or 8514 Gas/Electric/other furnaces for crematorium 2.5% 5%
11 9018 19 or 9804 Pulse Oximeter 2.5% 5%
12 9018 High flow nasal canula device 2.5% 5%
13 9019 20 or 9804 Oxygen Concentrator/generator 2.5% 5%
14 9018 or 9019 Ventilators 2.5% 5%
15 9019 BiPAP Machine 2.5% 5%
16 9019 (i) Non-invasive ventilation nasal or oronasal masks for ICU ventilators

(ii) Canula for use with ventilators

2.5% 5%
17 9025 Temperature check equipment 2.5% 5%
18 8702 or 8703 Ambulance 6% 12%

Link to the notification:– https://cbic-gst.gov.in/pdf/central-tax-rate/notfctn-05-2021-2020-cgst-rate.pdf

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