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GST rates for these items has been revised. Did you know?

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Following the 45th GST Council Meet on Friday, in Lucknow, a number of goods and commodities saw a revision of GST rates. It should also be noted that the GST Council, under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman decided to extend the existing concessional GST rates on the supply of goods and services in relation to GST law and procedures.

One such important change was that of the concessions on the GST rates introduced for the Covid-19 treatment drugs till December 31, 2021. The council also felt that it was not the right time t include petrol or diesel under the GST, quelling the concerns and speculations that surrounded the topic ahead of the meeting.

As per a statement made by Sitharaman after the press briefing, it was revealed that the GST Council members did not want petroleum products to be included under the GST and the only reason that it did come on the agenda of the meeting was due to the Kerala High Court’s order where it suggested that matter should be taken up by the council during the meeting.

With that in mind, here are the revised concessional GST Rates going forward.

  • Remdesivir – 5 per cent concession
  • Tocilizumab -nil
  • Anti-coagulants like Heparin – 5 percent concession

Newly Slashed GST rates of 5 percent on other Covid-19 treatment drugs up to December 31, 2021

  • Itolizumab
  • Posaconazole
  • Infliximab
  • Favipiravir
  • Casirivimab & Imdevimab
  • 2-Deoxy-D-Glucose
  • Bamlanivimab and Etesevimab

Major Recommendations on GST Rate Changes for Goods (Effective from October 1, 2021)

GST Rates that were Slashed

  • Retro fitment kits for vehicles used by the disabled – GST rate slashed to 5 percent
  • Fortified Rice Kernels for schemes like ICDS etc. – GST slashed from 18 percent to 5 percent
  • Medicine Keytruda for treatment of cancer – GST slashed from 12 percent to 5 percent
  • Biodiesel supplied to OMCs for blending with Diesel – GST slashed from 12 percent to 5 percent
  • IGST on import of medicines for personal use (Zolgensma for Spinal Muscular Atrophy, Viltepso for Duchenne Muscular Dystrophy, Other medicines used in treatment of muscular atrophy recommended by Ministry of Health and Family Welfare and Department of Pharmaceuticals) – GST slashed from 12 percent to Nil GST
  • Unintended waste generated during the production of the fish meal except for Fish Oil – Nil GST for the period of July 1, 2017, to September 30, 2019.
  • IGST exemption on goods supplied at Indo-Bangladesh Border haats – Nil GST

GST Rates that were Hiked

  • Ores and concentrates of metals such as iron, copper, aluminium, zinc and few others – GST rates hiked from 5 percent to 18 per cent
  • Specified Renewable Energy Devices and parts – GST rates hiked from 5 per cent to 12 per cent
  • Cartons, boxes, bags, packing containers of paper etc. GST rates hiked from 12/18 percent to 18 per cent
  • All kinds of pens – GST increased from 12/18 per cent to 18 per cent
  • Railway parts, locomotives and other goods in Chapter 86 – GST rates hiked from 12 per cent to 18 per cent
  • Miscellaneous goods of paper like cards, catalogue, printed material (Chapter 49 of tariff) – GST rates hiked from 12 per cent to 18 per cent
  • Waste and scrap of polyurethanes and other plastics – GST rates hiked from 5 per cent to 18 percent

Another important factor that was discussed was the hike in GST rates levied against online food delivery platforms such as Swiggy and Zomato. The GST hike against these platforms was 5 percent at the point of delivery, which translates to higher prices when ordering food via the delivery giants.

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Navi Mumbai Durga Puja Associations Pay Tribute to Late Ratan Tata

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As the nation mourns the loss of Shri Ratan Tata, an industrialist, visionary leader, and philanthropist, various Durga Puja associations across Navi Mumbai have come together to honor his remarkable legacy during the ongoing Navaratri festivities.

The Vashi Cultural Association, celebrating Durga Puja in Sector 14, paid tribute by displaying a photograph of Tata on a giant LED screen with an “RIP” note, and attendees observed a minute of silence before cultural events. Similarly, the Seawoods Cultural Welfare Association, hosting Durga Puja at Ganapati Tandel Ground, showcased Tata’s image on a large screen, with committee member Gautam Chakraborty delivering a speech on his philanthropic contributions.

The Navi Mumbai Bengali Association also observed a moment of silence during cultural events, sharing an anecdote on Tata’s life and accomplishments. Shri Gujarat Bhavan in Vashi canceled their Rass Garba on 10th October as a mark of respect, while the Lohana Samaj Navaratri Mandal in Koparkhairane held a minute of silence before their Dandiya sessions, reflecting on Tata’s vision.

Ratan Tata’s last rites were held on 10th October at Worli crematorium with state honors. Dignitaries including Union Home Minister Amit Shah, Maharashtra CM Eknath Shinde, and Gujarat CM Bhupendra Patel attended the ceremony. Citizens are now calling for Tata to be posthumously awarded the Bharat Ratna, India’s highest civilian honor, in recognition of his lasting contributions to the nation.

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When The Unlicensed Driver Pressed The Accelerator Rather Than The Brake, The Kharghar Joyride Turned Tragic

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Kharghar Joyride Turns Tragic As Unlicensed Driver Hits Accelerator Instead Of Brake.

The Ride

Six Engineering College students were on a joyride when their automobile struck a divider and overturned in an attempt to avoid a pothole, resulting in one death and one injury. The automobile’s driver, Arnav Birari (18), accidentally hit the accelerator instead of the brake while attempting to avoid a pothole on the road heading to Gurudwara in Kharghar. This caused the car to collide with the road divider and overturn.

Birari and his five pals from NMIM College in Kharghar decided to have a joy ride in his father’s automobile on Tuesday afternoon, which is when the event occurred. Darsh Jain (18) was recognized as the deceased student, and Yash Maurya (18) was identified as the injured student. Paik Sawariya (18), Kumari Agrim Parashar (18), and the case’s complainant, Atharv Rawat (18), were the other passengers in the vehicle. They were all freshmen studying computer engineering at Kharghar’s N.M.I.M. College.

On October 8, Birari had driven his father’s Wagon R vehicle to college. He took five of his classmates on a trip in Kharghar around 1:15 p.m. He was trying to dodge a pothole on the road in front of a Gurudwara. The car scraped the road divider when he swung the steering wheel to the right. Police said that Birari became confused and pressed the accelerator rather than the brake, sending the car hurtling ahead and crashing into the road barrier, which caused it to topple over.

A stone used to build the divider struck the rear right window glass when the automobile overturned, striking Jain’s head and seriously injuring him. When the physicians arrived at the hospital, they proclaimed Jain dead, but all of the students were able to exit the vehicle, pull him out, and rush him there. After the preliminary inquiry, Kharghar police discovered that Birari, the driver, lacked a driver’s license and filed a complaint against him for his careless driving without a permit and negligence that resulted in death.

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Residents Of Uran Want NMMT Bus Services To Resume

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Uran residents demand the resumption of NMMT bus services.

The Service

Students, workers, and business people’s daily commutes have been significantly hampered by the several-month-long suspension of Navi Mumbai Municipal Transport (NMMT) bus services in Uran. Residents have been forced to rely on expensive and unreliable private transportation due to the lack of public transportation, which has caused major delays and inconvenience.

Private vehicle drivers are harassing local commuters and charging exorbitant prices, especially for those going to Navi Mumbai for business or school. Given these difficulties, Uran City Congress Committee members, Morning Katta leaders, and senior residents met with Dr. Kailas Shinde, Commissioner of the Navi Mumbai Municipal Corporation (NMMC), to insist on the immediate restoration of NMMT bus services.

The group emphasized how the lack of dependable public transportation has interfered with daily routines and the general annoyance of Uran locals. To further encourage the return of bus services, a signature drive was launched as a gesture of support.

In response to the citizens’ worries, Commissioner Dr. Kailas Shinde gave them his word that action would be done to promptly resume NMMT bus service in Uran. Prakash Patil, the president of the Uran City Congress Committee, Abhay Ved Pathak, former corporator Afsha Mukari, and other local leaders attended the gathering and emphasized the importance of the service for the welfare of the community.

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