GST Council Meeting 2021: In the previous GST Council meeting, the tax was exempted on the import of Amphotericin B, a medicine used for the treatment of black fungus infection.
In the previous meeting on May 28, the Council, which has state ministers as members, a Group of Ministers (GoM) was set up to recommend tax relief on COVID essentials, including PPE kits, masks and vaccines, to the GST council.
It is believed that matter of taxing vaccines has been left to the GST Council while rates on other Covid relief materials have been suggested at 5 per cent for a limited period
GST Council meeting on June 12 to decide tax on COVID-19 vaccine
The issue of reduction of tax rate on COVID-19 related goods and equipment was taken up in the council meeting held on May 28. However, the council could not arrive at a consensus
Ashutosh Kumar | June 10, 2021 | Updated 15:54 IST
GST Council to meet on June 12
Goods and Service Tax Council will hold a meeting on June 12 to discuss recommendations of Group of Ministers (GoM) on tax on COVID-19 vaccine and other equipment.
Last week, the GoM headed by Meghalaya CM Conrad Sangma recommended status quo on GST on vaccine at 5 per cent, while recommending tax reduction on a slew of COVID-19 related items like ventilators, personal protective equipment (PPE) kit, among others for a period of three months.