GST exemption sought on Covid drugs, equipment – News 24-7 Live News 24-7 Live
GST exemption sought on Covid drugs, equipment

GST exemption sought on Covid drugs, equipment

A plea has been filed by NGO Public Policy Advocates before the Supreme Court seeking an exemption for Covid-19 drugs remdesivir, tocilizumab, favipiravir and other drugs with a similar generic composition and related medical equipment from Goods and Service Tax (GST).

It asked for a direction to the Central government to invoke its powers under Section 11 of the Central GST Act 2017 to lift imposition of GST on medical grade oxygen, oxygen concentrators, ventilators, Bipap machines, control measures and supportive care for Covid-19 patients in view of demand for these drugs and medical equipment having increased exponentially.

News Source: financialexpress

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