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:
Ooty, also known as Udhagamandalam, is a charming hill station located in Nilgiri Hills of…
India has strict rules about keeping certain animals as pets to protect wildlife and maintain…
Kolkata, the capital city of West Bengal, is one of the largest and most historic…
December, the last month of the year, is a month full of important days that…
Google DeepMind has introduced a groundbreaking artificial intelligence (AI) model called 'GenCast' that is capable…
Bangladesh U-19 successfully defended their Asia Cup title with an impressive 59-run victory over India…