Easy on Pockets measures from the Govt.
On the basis of the recommendation of the GST council the tax rates on the covid 19 essential items has been reduced. GST on medicines for treating black fungus, Tocilizumab and Amphotericin B is completely waived off earlier it was 5 percent. The integrated tax on following medical essentials will be 5 percent beginning from 14th June, 2021 and ending with the 30th September, 2021. (The CGST and SGST will be 2.5 respectively).
Medical Grade Oxygen
Remdesvir
Heparin (anti-coagulant)
Covid-19 testing kits
Inflammatory Diagnostic (marker) kits, namely- IL6, DDimer, CRP (C-Reactive Protein), LDH (Lactate DeHydrogenase), Ferritin, Pro Calcitonin (PCT) and blood gas reagents
Hand Sanitizer
Helmets for use with non-invasive ventilation
Gas/Electric/other furnaces for crematorium
Pulse Oximeter
High flow nasal canula device
Oxygen Concentrator/ generator
Ventilators
BiPAP Machine
Non-invasive ventilation nasal or oronasal masks for ICU ventilators
Canula for use with ventilators
Temperature check equipment
Ambulance
Note: Ministry of Finance (Department of Revenue) No. 33/2021-Customs, dated the 14th June, 2021 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.401(E), dated 14th June, 2021.