GST exemption for specified COVID 19 medicines reduces state tax on identified therapeutics during the designated relief period. Exempts specified COVID-19 therapeutic drugs by reference to their Customs Tariff classification from a portion of state GST under the Nagaland Goods and Services Tax Act, 2017. The notification lists eleven named pharmaceuticals and prescribes the state tax rate for each, with some attracting nil state tax and others a reduced state tax rate as specified. The exemption is made under section 11(1) of the Act on the recommendations of the Council and asserted to be in the public interest.
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Provisions expressly mentioned in the judgment/order text.
GST exemption for specified COVID 19 medicines reduces state tax on identified therapeutics during the designated relief period.
Exempts specified COVID-19 therapeutic drugs by reference to their Customs Tariff classification from a portion of state GST under the Nagaland Goods and Services Tax Act, 2017. The notification lists eleven named pharmaceuticals and prescribes the state tax rate for each, with some attracting nil state tax and others a reduced state tax rate as specified. The exemption is made under section 11(1) of the Act on the recommendations of the Council and asserted to be in the public interest.
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