GST: Centre to borrow Rs 1.58 trn in FY22 to compensate states, says FM

Nirmala Sitharaman announces a flurry of pandemic-related relief measures after the 43rd GST Council meeting

A slew of coronavirus pandemic-related decisions were taken at the 43rd GST Council meeting, chaired by Finance Minister Nirmala Sitharaman and comprising state finance ministers, on Friday. 

The GST Council on Friday left taxes on Covid-19 vaccines and medical supplies unchanged but exempted duty on import of a medicine used for treatment of black fungus.

A group of ministers will deliberate on tax structure on the vaccine and medical supplies, Finance Minister Nirmala Sitharaman told reporters after a meeting of the GST Council.

The GST Council exempted levy of IGST on import of Amphotericin-B, which is used for the treatment