Haryana and Gujarat have become the first few states to announce reimbursement of Goods and Services Tax (GST) components paid for Covid-19 related medical supplies. These medical supplies include oxygen concentrators, ventilators, medicines which would be donated free of cost to the state governments. Waiver from Haryana is till June 30, while that of Gujarat is valid till July 31.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Gujarat has announced reimbursement of IGST levied as part of customs on import of Covid related supplies. Haryana has gone a step further by announcing reimbursement of even the Centre’s GST component by deciding to pay back all state, central or IGST portions on Covid related supplies to the state government. The Centre had earlier waived IGST till June 30 on the import of Covid-related relief material donated or received from outside India for free distribution.
Important takeaways for all competitive exams:
SMTP, or Simple Mail Transfer Protocol, is a standard method used to send emails across…
Scientific Management is a method that focuses on improving work efficiency by using scientific principles.…
On December 5, 2024, ISRO’s PSLV-C59 rocket successfully launched the European Space Agency’s (ESA) advanced…
The Gateway of India is a famous historical monument located in Mumbai, Maharashtra. It stands…
India has been awarded the prestigious ISSA Good Practice Award for Asia and Pacific 2024,…
Uttarakhand is a beautiful state in India, known for its scenic landscapes and rich cultural…