The 44th GST Council, which met under the Finance Minister Nirmala Sitharaman through video conferencing has reduced the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.
The meeting 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/Union Territories. Here are the GST rates that are reduced on select items:
|Item||Present GST Rate||Suggested GST Rates|
|Ventilator masks/ canula/ helmet||12%||5%|
|Covid Testing Kits||12%||5%|
|Medical Grade Oxygen||12%||5%|
|Pulse Oximeters, incl personal imports thereof||12%||5%|
Interestingly, the GST rates on vaccine have not been cut.