Revision Post - 44th GST Council Meeting

Sakshi Jain, CA LLB at March 29, 2024

44th GST Council Meeting - Summary

In light of our previous blog, the government of India on a spree of reducing the tax rate again reduced the tax rate substantially after the council meeting held on 12.06.2021. In the council meeting, the tax rate on the covid-19 medical essential reflected a major reduction. Despite that, the government again on 14.06.2021, vide notification 5/2021-CENTRAL TAX (RATE), DATED 14-6-2021 revised the tax rate on various covid-19 treatment essential.

Revised Rates:

Sl. No.	Chapter, Heading, Sub-heading or Tariff item	Description of Goods	(Revised Rate)	(Earlier rate)
(1)	(2)	(3)	(4)	-
1	2804	Medical Grade Oxygen	2.5%	5%
2	30	Tocilizumab	Nil	NIL
3	30	Amphotericin B	Nil	NIL
4	30	Remdesvir	2.5%	5%
5	30	Heparin (anti-coagulant)	2.5%	5%
6	3002 or 3822	Covid-19 testing kits	2.5%	5%
7	3002 or 3822	Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP (C-Reactive Protein), LDH (Lactate De-Hydrogenase), Ferritin, Pro Calcitonin (PCT) and blood gas reagents.	2.5%	5%
8	3804 94	Hand Sanitizer	2.5%	5%
9	6506 99 00	Helmets for use with non-invasive ventilation	2.5%	5%
10	8417 or 8514	Gas/Electric/other furnaces for crematorium	2.5%	5%
11	9018 19 or 9804	Pulse Oximeter	2.5%	5%
12	9018	High flow nasal canula device	2.5%	5%
13	9019 20 or 9804	Oxygen Concentrator/generator	2.5%	5%
14	9018 or 9019	Ventilators	2.5%	5%
15	9019	BiPAP Machine	2.5%	5%
16	9019	(i) Non-invasive ventilation nasal or oronasal masks for ICU ventilators (ii) Canula for use with ventilators	2.5%	5%
17	9025	Temperature check equipment	2.5%	5%
18	8702 or 8703	Ambulance	6%	12%

Link to the notification:- https://cbic-gst.gov.in/pdf/central-tax-rate/notfctn-05-2021-2020-cgst-rate.pdf

About the Author

Sakshi Jain, CA LLB

Content Manager

I am a content and marketing manager at Masters India. I am also a tax and finance content writer. I also write academic books on accounts and tax. I have an experience of 7+ years in Income Tax Read more...

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