Tax Cut On Covid Essentials; Check GST Rates On Covid Essentials After Reduction

The 44th GST Council convened through video conferencing today under the chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman. The GST rates on the listed commodities used in Covid-19 relief and management have been reduced by the Council until September 30, 2021.

Following recent modifications in the country's vaccine procurement plan, which puts the Union government in responsibility of expanding supply, the 5% GST paid on vaccinations was maintained untouched.

GST

These rate reductions and exemptions will be in effect until September 30, 2021.

Check GST Reduction Rates

Items Present GST Rate GST Rate recommended by GST Council
Tocilizumab 5%
Nil
Amphotericin B 5%
Nil
Anti-Coagulants like Heparin 12% 5%
Remdesivir
12%
5%
Medical Grade Oxygen 12% 5%
Oxygen Concentrator/ Generator 12% 5%
Ventilators
12%
5%
Ventilator masks / canula / helmet 12% 5%
BiPAP Machine 12% 5%
High flow nasal canula (HFNC) device 12% 5%
Covid Testing Kits 12% 5%
Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH 12% 5%
Pulse Oximeters, incl personal imports thereof
12%
5%
Hand Sanitizer 18% 5%
Temperature check equipment 18% 5%
Gas/Electric/other furnaces for a crematorium, including their installation, etc. 18% 5%
Ambulances 28% 12%

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