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GoM TO LOOK INTO GST RELIEF ON COVID ESSENTIALS

  • May 30, 2021
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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GoM TO LOOK INTO GST RELIEF ON COVID ESSENTIALS

Subject : Polity

Context : As per its terms of reference, the GoM would examine if a GST rate cut or exemption would be required for medical grade oxygen, pulse oximeters, hand sanitisers, oxygen therapy equipment like concentrators, ventilators, PPE kits, N-95 and surgical masks and temperature checking equipment.

Concept :

Group of Ministers

  • Apart from the cabinet committees, several Group Of Ministers (GoM’s) have been constituted to look into different issues.
  • These are ad hoc bodies that may have been empowered to take decisions on behalf of the cabinet or they are there just to make recommendations.
  • They were set up to take decisions on various matters such as corruption, interstate water disputes, administrative reforms, etc.
GoM TO LOOK INTO GST RELIEF ON COVID ESSENTIALS Polity

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