Lower MRP on Covid-19 related drugs and devices after GST reduction

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The reduction in the price of COVID drugs and other related devices comes as a relief to the common man who went hit hard financially due to the pandemic (Photo: IE) The GST Council has reduced GST rates on goods being used in COVID related management until September 30. The decision came by the council … Read more

Delhi HC asks government to place issue of IGST on oxygen concentrators in Friday GST council meet

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Mumbai: The Delhi High Court on Thursday asked the government to place the issue of levying Integrated Goods and Services Tax (IGST) on oxygen concentrators before the GST council meeting to take place on Friday. The Delhi High Court was hearing a matter where a company had dragged the government to court over IGST oxygen … Read more

42nd GST Council meeting begins, opposition FMs to resist move on borrowing by states

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The 42nd goods and services tax (GST) Council meeting headed by finance minister Nirmala Sitharaman began today via video conferencing, and is likely to be a turbulent one with states pushing against Centre’s proposals on borrowing to meet GST compensation shortfall. The rift between BJP ruled and opposition led states may widen with the former … Read more