- Life-saving drugs Zolgensma and Viltepso used in treatment of Spinal-Muscular Atrophy exempted from GST when imported for personal use
- Extension of existing concessional GST rates on certain COVID-19 treatment drugs upto 31st December 2021
- Extension of existing concessional GST rates on certain COVID-19 treatment drugs upto 31st December 2021
- GST rates on 7 other medicines recommended by Department of Pharmaceuticals reduced from 12% to 5% till 31st December 2021
- GST rate on Keytruda medicine for treatment of cancer reduced from 12% to 5%
- GST rates on Retro fitment kits for vehicles used by persons with special abilities reduced to 5%
- GST rates on Fortified Rice kernels for schemes like ICDS reduced from 18% to 5%
- Council also recommends major changes in GST rates and scope of exemption on Services Recommends several clarifications in relation to GST rates on Goods and Services
- Council recommends several measures relating to GST law and procedure
- Council decides to set up 2 GoMs to examine issue of correction of inverted duty structure for major sectors and for using technology to further improve compliance, including monitoring
Source Taxguru
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