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GST council meet: Rates on cancer drugs, namkeen slashed; key decisions
The GST council has announced a reduction in tax rates for cancer drugs from 12% to 5%, and for namkeens from 18% to 12%. A group of ministers will provide recommendations on reducing rates for medical health insurance by October. The compensation cess collection is scheduled to end by March 2026.
The GST council has announced a reduction in tax rates for cancer drugs from 12% to 5%, and for namkeens from 18% to 12%. A group of ministers will provide recommendations on reducing rates for medical health insurance by October. The compensation cess collection is scheduled to end by March 2026. 
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