Economy

GST Council Meet: Concessional tax rates on COVID drugs extended till December 31

The omnipotent GST Council on Friday determined to cost meals supply platforms comparable to Swiggy and Zomato a tax even because it prolonged concessional tax charges on sure COVID-19 medication by three months until December 31. It prolonged the interval of concessional GST charges on sure COVID-related medication by three months until December 31 however determined to not give the identical profit to medical tools. Additionally, the Council lower GST fee from 12 per cent to five per cent on cancer-related rugs and on fortified rice kernels to five per cent from 18 per cent.


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