News
GST council may do away with tax on oxygen concentrators, but only prospectively: Sources
- Date:
- May 25, 2021
- Source:
- Economic Times
Government could look at doing away with the 12% Integrated Goods and Services Tax ( IGST ) on oxygen concentrators imported by individuals in the upcoming GST council meeting, two people close to the development said. Currently imported oxygen concentrators attract 12% IGST. Many states have been pushing for doing away with the IGST on imported oxygen concentrators by individual…