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GST on temperature checking equipment brought down to 5%
5% GST on vaccines will stay. The Centre will buy the 75% vaccine as announced and will pay its GST too. But 70% of income from GST will be shared with States: Union Finance Minister Nirmala Sitharaman.
GST rates have been decided for 4 categories of products- medicines, oxygen, oxygen-generation equipment, testing kits and other machines and other COVID19 related relief material. Rates to be announced soon: Finance Minister Nirmala Sitharaman.
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