Background:
In 44th GST Council Meeting reduction in GST rate of goods and services w.r.t. items being used in COVID-19 relief and management were discussed to provide relief to the taxpayers. In respect of the same following notifications have been passed:
Notification:
The CBIC vide Notification No. 33/2021- Customs dated June 14, 2021 rescinded Notification No. 30/2021- Customs dated May 01, 2021 which reduced the IGST rate on Oxygen Concentrator imported in India for personal use falling under Heading 9804 of the First Schedule to the Customs Tariff Act, 1975 from 28% to 12% upto June 30, 2021.
Further, vide Notification No. 05/2021- Integrated Tax (Rate) dated June 14, 2021 reduced the IGST rate on Oxygen Concentrators/ generators to 5% upto September 30, 2021:
|
Sl. No. |
Chapter, Heading, Sub-heading or Tariff item |
Description of Goods | Rate |
| 13 | 9019 20 or 9804 |
Oxygen Concentrator/ generator |
5% |
Similar Notifications have been passed under Central Goods and Services Tax Act, 2017 (“CGST Act”) and Union Territory Goods and Services Tax Act, 2017 (“UTGST Act”).
Effect:
The Customs Notification which reduced the IGST rate on Oxygen Concentrator imported in India for personal use from 28% to 12% has been rescinded and GST rate on all the Oxygen Concentrators/ generators whether imported for personal use or not has been reduced to 5% IGST and 2.5% CGST/ UTGST.
The Customs Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-tarr2021/cs33-2021.pdf
The IGST (Rate) Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-5-2021-igst-rate-english.pdf
The CGST (Rate) Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-2021-2020-cgst-rate.pdf
The UTGST (Rate) Notification can be accessed at: https://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-05-2021-utgst-rate.pdf