GST Rates Slashed on Covid Medicines and Medical Equipments

The 44th GST Council Meeting was held through Video Conferencing on 12 June, 2021 in New Delhi and was Chaired by the Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman. 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 30^th September, 2021.

The meeting 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 details of recommendations are given below :

S.NO	Description	Present GST Rate	GST Rate recommended by GST Council
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%
Oxygen, Oxygen generation equipment and related medical device
1.	Medical Grade Oxygen	12%	5%
2.	Oxygen Concentrator/ Generator, including personal imports thereof	12%	5%
3.	Ventilators	12%	5%
4.	Ventilator masks / canula / helme	12%	5%
5.	BiPAP Machin	12%	5%
6.	High flow nasal canula (HFNC) devic	12%	5%
Testing Kits and Machine
1.	Covid Testing Kit	12%	5%
2.	Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH	12%	5%
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%