44th GST Council Meeting

Sakshi Jain, CA LLB at March 29, 2024

44th GST Council Meeting

The GST Council met again today on 12th June, 2021 to convene the 44^th GST Council Meeting through video conferencing. The meeting was chaired by the Chairman of the Union Finance & Corporate Affairs Minister, Smt. Nirmala Sitharaman. It was also attended by 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. The main intent to convene this meeting was to recommend revised rates for Covid-19 related items and equipment. The Finance Ministry has recommended revision in GST rates for multiple items including items associated with Covid Relief Material. These recommendations will stay in force till 30th September 2021.

Revised Rates

S.No.	Description	Existing Rate	Revised Rate
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%
6	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 D-Dimer, IL-6, Ferritin and LDH	12%	5%
D. Other Covid-19 related relief material
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%

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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