IGST

COVID-19 relief material

Ad hoc Exemption from IGST on imports of specified COVID-19 relief material donated from abroad

As customs duty is already exempt , these imports will not attract any customs duty or IGST In view of the COVID-19 pandemic, the Central Government has issued notifications exempting Basic Customs Duty and/or Health cess on imports of a number of COVID-19 related relief materials, for a limited period. These include– S. No. Notification …

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oxygen concentrators

Government reduces IGST on import of oxygen concentrators for personal use to 12 percent

Amid the acute shortage of medical oxygen in several parts of the country due to surge in COVID cases, the Finance Ministry on Saturday reduced the Integrated Goods and Service Tax (IGST) rate on the import of the oxygen concentrators for personal use from 28 percent to 12 percent. This rate will be applicable till …

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