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Covid-19: Govt slashes IGST rate on oxygen concentrator imports for personal use

Covid-19: Govt slashes IGST rate on oxygen concentrator imports for personal use

May 02, 2021, at 06:52 am

New Delhi/IBNS: As India combats Covid-19, the demand for oxygen concentrators and other medical supplies has risen exponentially as the government uses all resources to increase oxygen supply. To ease this fight, the Union Finance Ministry Saturday reduced IGST (Integrated Goods and Services Tax) rate for imports of concentrators, an official statement said.