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GST Council may exempt IGST on cancer drug import at next meeting

The GST Council at its next meeting on Tuesday is likely to exempt cancer medicine Dinutuximab imported by individuals from tax, decide on applicability of GST on food or beverages served in multiplexes and come out with a clear definition of utility vehicles for levying a 22 per cent cess, sources said.

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GST Council likely to exempt IGST on cancer drug import

The GST Council at its next meeting on Tuesday is likely to exempt cancer medicine Dinutuximab imported by individuals from tax.

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GST Council Likely To Exempt IGST On Cancer Drug Import, Fix 5 Pc Tax On Refreshments Served In Multiplex

GST Council Likely To Exempt IGST On Cancer Drug Import, Fix 5 Pc Tax On Refreshments Served In Multiplex
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GST Council likely to exempt IGST on cancer drug import fix 5 pc tax on refreshments served in multiplex

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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gst on cancer drug: GST Council likely to exempt IGST on cancer drug import, fix 5% tax on refreshments served in multiplex

Besides, import of medicines and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases for personal use and also by centres of excellence are likely to be exempted from Integrated GST. Currently, such imports attract an IGST of 5 per cent or 12 per cent.

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