GST council exempts imported Covid-19 related items, Mucormycosis drug Amphotericin B from IGST till August 2021
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The much-anticipated GST Council meeting on Friday came up with some respite for items related to Covid relief, exempting integrated GST (IGST) from such imports till August 31, 2021. In another major decision, the council decided to exempt IGST on Amphotericin B, a medicine required to treat black fungus (Mucormycosis) infection. The discussions on relief for products required in Covid relief are not over yet.