Union Finance Minister Smt. Nirmala Sitharaman chaired the 44th GST Council meeting today i.e. 12th June through video conferencing. The council met to discuss the reduction in rates of covid-19 essentials and black fungus drug based on recommendations of Group of Ministers (GoM).

The Council has decided to accept the recommendations of the GoM to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021.

These rate reductions/exemptions are as follows :- Description Present GST Rate GST Rate Recommended By GST Council
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%
5 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 DDimer, IL-6, Ferritin and LDH 12% 5%
D. Other Covid-19 Related Relief Material
1 Pulse Oximeters, including 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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