Official Press Release of 44th GST Council Meeting

Official Press Release of 44th GST Council Meeting

Here is the Official Press Release of the 44th GST Council Meeting held on 12th June 2021 held under the Chairmanship of Union Finance & Corporat…

authorCA Deepak GuptadateJun 12, 2021
Last update on Jun 12, 2021

Table of Contents

Here is the Official Press Release of the 44th GST Council Meeting held on 12th June 2021 held under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. You May Also Refer: 43rd GST Council Meeting Decisions: Official Press Release 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. The meeting was also attended by the 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/ UTs. [caption id="attachment_100290" align="aligncenter" width="1280"]Official Press Release of 44th GST Council Meeting Official Press Release of 44th GST Council Meeting[/caption] GST Rates on May Items changed as a result of Meeitng. The Changes are given below:

Medicines:

S. No. Description Present GST Rate GST Rate recommended by GST Council
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%
S. No. Description Present GST Rate GST Rate recommended by GST Council
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%
6 High flow nasal canula (HFNC) device 12% 5%

Testing Kits and Machines

S. No. Description Present GST Rate GST Rate recommended by GST Council
1 Covid Testing Kits 12% 5%
2 Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH 12% 5%
S. No. Description Present GST Rate GST Rate recommended by GST Council
1 Pulse Oximeters, incl 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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