https://www.taxtmi.com/article/detailed?id=9782 The author argues that many COVID-related supplies should be made GST-exempt or nil-rated as a public-interest measure, noting that Section 54(3) of the CGST Act allows refund of unutilised input tax credit in prescribed circumstances and that mechanisms can be designed to prevent undue disadvantage to domestic manufacturers; the sanitary napkin exemption is cited as a precedent, and a low GST rate is offered as an alternative to preserve ITC utilisation while reducing consumer cost. en-us Fri, 14 May 2021 08:35:34 +0530 Fri, 14 May 2021 08:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9782 The author argues that many COVID-related supplies should be made GST-exempt or nil-rated as a public-interest measure, noting that Section 54(3) of the CGST Act allows refund of unutilised input tax credit in prescribed circumstances and that mechanisms can be designed to prevent undue disadvantage to domestic manufacturers; the sanitary napkin exemption is cited as a precedent, and a low GST rate is offered as an alternative to preserve ITC utilisation while reducing consumer cost. Articles Goods and Services Tax - GST Fri, 14 May 2021 08:35:34 +0530 https://www.taxtmi.com/article/detailed?id=9782