VATupdate

Share this post on

Waiver & Reduction of GST Rates for Covid Management

The 44th GST Council met on 12 June, 2021 for 44th time, just after a fortnight of its last meeting to consider and decide upon GST tax relief to goods and services being used in Covid-19 treatment and management. This is based on widespread public demand to do so for quite some time, though the Ministry of Finance had its own reasons not to do so. This meeting was convened solely for considering the recommendations of Group of Ministers (GoM) set up in 43rd Council meeting to recommend GST relief on goods and Services being used/ consumed in Covid treatment and management.

Source Taxguru

Sponsors:

VAT news

Advertisements:

  • VAT news