New GST charges for Covid objects notified

The brand new charges might be efficient until September 30, 2021.

The union authorities has notified lowered central items and repair tax (CGST) charges for Covid medicines and different associated medical necessities.

The GST Council on Saturday determined to slash GST charges for Covid medication, testing kits, medical tools and even ambulances to offer aid to folks amid the pandemic, however stored the tax on vaccines unchanged on the lowest slab of 5%. The brand new charges might be efficient until September 30, 2021.

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https://www.financialexpress.com/financial system/new-gst-rates-for-covid-items-notified/2272118/