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GST Council likely to exempt govt depts, local authorities from e-invoicing


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GST council exempts black fungus treatment medicine import duty amphotericin b finance ministry


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GST Council exempts duty on import of medicine used for black fungus treatment
The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged but exempted duty on import of a medicine used for treatment of black fungus. A group of ministers will deliberate on tax structure on the vaccine and medical supplies, Finance Minister Nirmala Sitharaman told reporters after a meeting of the GST Council.
The GST Council, which is headed by the Union Finance Minister and comprises representatives of all states and union territories, exempted levy of I-GST on import of Amphotericin-B, which is used for the treatment of black fungus. Currently, vaccines attract 5 per cent GST. ....

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