Centre forms 8-member panel to examine GST exemption on Covid material

The group of ministers was constituted after several member states of the council, such as West Bengal and Punjab asked for exempting GST on all Covid-essential materials.

The Centre on Saturday constituted an eight-member ministerial panel under the convenership of Meghalaya chief minister Conrad K Sangma to examine Goods and Services Tax (GST) exemptions on a range of Covid-19 essentials such as vaccines, drugs, testing kits and ventilators, according to the Union finance ministry.

After a protracted discussion on the issue of tax exemptions at the GST Council meeting on Friday, the apex federal body decided to form a committee to examine the merits of waivers on individual items. (PTI PHOTO)

Other members of the group of ministers (GoM) are – Gujarat deputy chief minister Nitinbhai Patel, Maharashtra deputy CM Ajit Pawar, Goa transport minister Mauvin Godinho, Kerala finance minister KN Balagopal, Odisha finance minister Niranjan Pujari, Telangana finance minister T Harish Rao and UP finance minister Suresh Kr Khanna.

The GoM will submit its recommendations to the GST Council on or before June 8, the Union finance ministry said. After a protracted discussion on the issue of tax exemptions at the GST Council meeting on Friday, the apex federal body decided to form a committee to examine the merits of waivers on individual items.

According to its terms of reference, the GoM “will examine the need for GST concession/exemption” on Covid vaccines, drugs and medicines for Covid treatment, testing kits for Covid detection, medical grade oxygen, pulse oximeters, hand sanitisers, oxygen therapy instruments (concentrators, generators and ventilators), PPE kits, N95 masks, surgical masks, thermometers and any other items required for Covid relief.

The group of ministers was constituted after several member states of the council, such as West Bengal and Punjab asked for exempting GST on all Covid-essential materials.