Tax Relief

GST conferences mentioned drug tax breaks: Deputy CM. in Maharashtra

Deputy Prime Minister of Maharashtra

Ajit Pawar, who spoke on Friday by video conference at 43.

The GST Council, which met on Friday for its first session in nearly seven months, left taxes on COVID-19 vaccines and medical supplies unchanged, but exempted the importation of a drug used to treat black fungus.

The Council is chaired by the Finance Minister of the Union and is composed of representatives from all states and Union territories.

“The meeting discussed the granting of exemptions for drugs, vaccines, PSA kits and other supplies needed in the fight against COVID-19 among several topics. A GST compensation of 24,000 billion an immediate basis, “said Pawar.

He said all attendees at the GST meeting wanted a cut in taxes on vaccines and injections.

He said the nation’s economy had been badly hit as a result of the COVID-19 outbreak and it was the center’s job to lead efforts to alleviate hardship and help the people.

Interviewed by reporters about BJP MP Sambhajiraje Chhatrapati’s warning of protests in the state if claims related to the maratha quota are not met by March 6.

(Only the headline and image of this report may have been revised by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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