GST rates slashed for certain cancer drugs

New Delhi: In an effort to reduce the overall cost for the treatment of cancer, the GST Council decided to reduce the GST rate on certain cancer drugs from 12 per cent to 5 per cent in a meeting held on Monday. These drugs are Trastuzumab Deruxtecan, Osimertinib, and Durvalumab.In another decision, GST rate has been reduced prospectively from 18 per cent to 12 per cent for namkeens and savoury items.For more details, click the link below:GST rates reduced from 12 percent to 5 per cent on certain cancer drugs