GST Council leaves tax rate on Covid vaccines, medical supplies unchanged; ministerial panel to look into issue

NEW DELHI: The GST Council on Friday left taxes on Covid-19 vaccines and medical supplies unchanged after the BJP- and Opposition-ruled states sparred over whether the tax cut benefits will reach the common man.
Congress and other Opposition ruled states have been demanding a reduction in taxes but the central government felt the move may not result in tangible gains for people.
“It is one thing to rush to say – do this, it will benefit the common man. But when the technical, fitment and law committees go into the details, you realise that that could have collateral impact on many others,” finance minister Nirmala Sitharaman said.
“I am not talking about the revenue generation aspect, but how many other items will get included in it as a result of which how you are going to implement it,” she added.
Briefing reporters after the 43rd meeting of the GST Council, the finance minister…

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