Exempt CGST on specified medicines used in COVID-19, up to 31st December, 2021

Last updated: 04 October 2021

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The Indian government has announced an exemption from Central Goods and Services Tax (CGST) on certain specified medicines used for treating COVID-19. This exemption is effective from 1st October 2021 and will remain in place until 31st December 2021. The decision was made by the Central Government based on recommendations from the Council, deeming it necessary in the public interest.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 12/2021-Central Tax (Rate)
New Delhi, the 30th September, 2021

G.S.R….(E).- In exercise of the powers conferred by sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referred to as “the said Act”), the Central Government, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby exempts the goods specified in column (3) of the Table below, falling under the tariff item, sub-heading, heading or Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as the case may be, as specified in the corresponding entry in column (2) of the said Table, from so much of the central tax leviable thereon under section 9 of the said Act, as is in excess of the amount calculated at the rate as specified in corresponding entry in column (4) of the aforesaid Table, namely:-

2. This notification shall come into force from the 1st day of October, 2021 and remain in force up to and inclusive of the 31st December, 2021.

[F. No. 190354/206/2021-TRU]
(Rajeev Ranjan)
Under Secretary to the Government of India

FAQ :

This notification grants an exemption from Central Goods and Services Tax (CGST) on specified medicines used for COVID-19.

The exemption is valid from 1st October 2021 up to and including 31st December 2021.

The notification refers to goods specified in column (3) of the Table within the notification, falling under specific tariff items, sub-headings, headings, or chapters as per the Customs Tariff Act, 1975.

This notification was issued by the Government of India, Ministry of Finance (Department of Revenue).

The exemption is granted under sub-section (1) of section 11 of the Central Goods and Services Tax Act, 2017.

Notification No : 12/2021-Central Tax (Rate)
Source : https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-12-2021-cgst-rate.pdf

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