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GST Review September-2021

PRESS RELEASE - 45th Meeting of the GST Council, Lucknow 17th September, 2021

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45th Meeting of the GST Council, Lucknow 17th September, 2021 PRESS RELEASE The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council has inter-alia made the following recommendations relating to changes in GST rates on supply of goods and services and changes related to GST law and procedure: I. Recommendations relating to GST rates on goods and services COVID-19 relief measure in form of GST rate concessions Extension of existing concessional GST rates (currently valid till 30th September, 2021) on following Covid-19 treatment drugs, up to 31st December, 2021, namely- Amphotericin B -nil Remdesivir &ndas.......