GoM tables report on GST waiver for Covid necessities

A bunch of ministers (GOM) led by Meghalaya chief minister Conrad Sangma is learnt to have advisable no change within the 5 per cent items and repair tax (GST) price for Covid-19 vaccines, whereas suggesting discount of the GST price quickly to five per cent for each business imports and home provide of most different Covid medicines and supplies.
It additionally advised exemption from GST for the black fungus drug Amphotericin B for 3 months.
The GoM, which had time until Tuesday to submit its report, gave it to the Council on Monday itself, a state authorities official stated.
The Council’s fitment committee had earlier advisable retaining a 5 per cent GST on each business import and home provide of vaccines.

At current oxygen concentrators, medical grade oxygen, pulse oximeters and Covid testing kits appeal to 12 per cent GST on business imports and home provides. Ventilators and Covid medicines appeal to 12 per cent GST. It is eighteen per cent on RT-PCR kits, protecting clothes, and many others. —FE