GST exemption on import of Covid-related equipment extended till August 31

In a move that is likely to help increase availability of critical equipment required in the treatment of Covid-19, the GST Council on Friday extended the GST exemption on import of Covid-related equipment received as relief till August 31. The Council has also included Amphotericin-B, which is used in treatment of black fungus or mucormycosis, in the list of items exempted from GST. The GST Counc…