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GST Council meeting: Panel may consider exempting IGST on cancer drug import - Vimarsana News

GST Council meeting: Panel may consider exempting IGST on cancer drug import

The Fitment Committee has recommended that the medicine, which costs Rs 36 lakh, should be exempted from GST as patients and families usually raise money through crowdfunding to buy it.

GST Council to discuss 22% rate for multi-utility vehicles on July 11: Sources - Vimarsana News

GST Council to discuss 22% rate for multi-utility vehicles on July 11: Sources

The fitment committee has recommended the inclusion of all utility vehicles, by whatever name called, of length greater than 4,000 mm, engine capacity greater than 1,500 cc and ground clearance of more than 170 mm in the 22% cess category along with SUVs, says a source.

GST Council likely to exempt IGST on cancer drug import, fix 5% tax on refreshments served in multiplex - Vimarsana News

GST Council likely to exempt IGST on cancer drug import, fix 5% tax on refreshments served in multiplex

The Council, chaired by Union finance minister and comprising state ministers, will also decide on GST exemption for satellite launch services provided by private players.

GST Council may exempt IGST on cancer drug import at next meeting - Vimarsana News

GST Council may exempt IGST on cancer drug import at next meeting

The GST Council at its next meeting on Tuesday is likely to exempt cancer medicine Dinutuximab imported by individuals from tax, decide on applicability of GST on food or beverages served in multiplexes and come out with a clear definition of utility vehicles for levying a 22 per cent cess, sources said.

GST Council likely to exempt IGST on cancer drug import - Vimarsana News

GST Council likely to exempt IGST on cancer drug import

The GST Council at its next meeting on Tuesday is likely to exempt cancer medicine Dinutuximab imported by individuals from tax.