IGST slashed on oxygen concentrators for private use

The authorities on Saturday slashed Integrated GST fee on oxygen concentrators for private use to 12 per cent, from 28 per cent earlier, for 2 months until June 30.
“IGST on Import of Oxygen Concentrators for private use has been decreased from 28 per cent to 12 per cent to convey IGST fee on such private imports at par with industrial imports of the identical, the Central Board of Indirect Taxes and Customs (CBIC) tweeted.
This decreased IGST fee for imports of concentrator for private use shall be relevant as much as June 30. The authorities had final month waived customs responsibility on import of medical grade oxygen, oxygen concentrator and associated gear.