GST Exemption for Cord Blood Bank Services Removed Effective July 18, 2022, per Notification No. 4/2022
Services provided by cord blood banks for the preservation of stem cells or related services were exempt from GST, including CGST, UTGST, SGST, and IGST. However, this exemption was omitted as per Notification No. 4/2022-Integrated Tax (Rate) dated July 13, 2022, effective from July 18, 2022.