Covid vaccinesDespite strong demand for it, the GoM did not recommend any changes in the tax rates for Covid-19 vaccines.
The jabs will continue to be taxed under GST regime at 5 per cent.Covid, black fungus medicinesRemdesivir, which grew in popularity over the past few months after being given emergency use authorisation for treatment of Covid patients, will now be at 5 per cent instead of the earlier 12 per cent.
In a recent advisory, health authorities have called for cautious use of the injection as it can have potential side effects and is relatively costlier too.For Tocilizumab and Amphotericin B, which are used for treating black fungus, GST rates have been waived off completely from the earlier 5 per cent.