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Govt announces GoM to examine GST exemption for Covid relief material

The GoM shall submit its report by June 8

Goods and services tax, gst
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Press Trust of India
An eight-member ministerial panel under Meghalaya Chief Minister Conrad Sangma will examine the need for exempting GST or cutting rate on Covid essentials like vaccines, drugs, hand sanitisers, masks, PPE kits and oxygen related equipment.

The GST Council in its meeting on May 28 had decided to set up a Group of Ministers (GoM), which will submit its report by June 8.

"As a follow up of the decision of the GST Council at its 43rd meeting, a Group of Ministers (GoM) has been constituted to examine the issue of GST concession/exemption to COVID relief material," the Finance Ministry said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 29 2021 | 5:52 PM IST

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