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44th GST Council Meeting – Highlights

The 44th GST Council Meeting was held on 12th June 2021. The meeting was presided over by Finance Minister Nirmala Sitharaman. Also, Shri Anurag Thakur, Union Minister of State for Finance and Corporate Affairs, the finance ministers of the states and Union Territories (UTs), and other senior officers from the Ministry of Finance and the states & UTs were present at the meeting. 

Considering the spread of COVID-19 and different types of fungus, the government has proposed to discuss the necessity for further GST rate reductions and to decide on any new exemptions for COVID treatment necessities and Black Fungus treatment. 

Read on to know the announcements made in the 44th GST Council Meeting. 

GST rate reduction on medicines for COVID-19 and Black Fungus treatment

ItemsOld rateNew rate
Any other drug (recommended by the Ministry of Health and Family Welfare (MoHFW) and the Dept. of Pharma (DoP) for COVID-19 treatment)Existing rate5%

GST rate reduction on medical equipment for COVID-19 treatment

ItemsOld rateNew rate
Medical Grade Oxygen12%5%
Oxygen concentrators/ generators (which include personal imports)12%5%
Ventilators and ventilator masks/ cannula/ helmets12%5%
BiPaP machine12%5%
High flow nasal cannula device12%5%
Pulse oximeters12%5%

GST rate reduction on COVID-19 testing kits and items utilised for the prevention of COVID-19

ItemsOld rateNew rate
COVID-19 testing kits12%5%
Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH12%5%
Hand sanitiser18%5%
Temperature checking equipment18%5%

Others GST rate reduction 

ItemsOld rateNew rate
Gas/electric/other furnaces for crematoriums, including their installation, etc18%5%

Stay tuned to our blog to know further details about the upcoming 45th GST council meeting.