Govt retains five percent tax on COVID vaccine, No GST on black fungus medicine

Web News Observer 26
Nirmala Sitharaman

The 44th meeting of the Goods and Services Tax (GST) Council was held on Saturday under Finance Minister Nirmala Sitharaman. In this, the Council, rejecting the demand of many states to make the corona vaccine tax-free, has retained five per cent GST on it.

However, following the recommendations of the Group of Ministers on relief material related to Corona, the Council has reduced the tax on many other things while making the black fungus medicine tax free.