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.
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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. 
