No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines | Read

PUBLISHED ON: June 12, 2021 | Duration: 5 min, 21 sec

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Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic, whose crippling effects on the economy has also hurt household finance, the constitutional body that decides rates for the GST has said.
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