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GST rates reduced on Covid-19 relief goods
June 12: The 44th GST Council met today under the Chairmanship of Union Finance & Corporate Affairs Minister Nirmala Sitharaman through video conferencing. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021. No tax will be charged for medicines like Tocilizumab and Amphotericin B, used for treating Black Fungus, the GST Council said.
The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance & States/ UTs. The details of Recommendations of 44th GST Council Meeting are as under :