GST Council to meet on Sept 17, to review rate on Covid essentials

The GST Council will meet on September 17 in Lucknow which amid other issues might assessment concessional costs on Covid necessities.

“Finance Minister Smt @nsitharaman will chair the 45th conference of the GST COUNCIL on 17th September at Lucknow, the Finance Ministry tweeted.

The earlier Council conference was held via videoconferencing on June twelve during which tax costs on various Covid necessities have been lowered till September thirty.

Products and Products and services Tax costs have been slashed on Covid medications these as Remdesivir and Tocilizumab as nicely as on clinical oxygen, and oxygen concentrators other Covid necessities.

The conference on September 17 could talk about payment to states for decline of earnings, assessment of costs on Covid necessities, and inverted responsibility on selected merchandise.

(Only the headline and image of this report might have been reworked by the Small business Standard workers the relaxation of the content material is car-created from a syndicated feed.)

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