Connect with us

Hi, what are you looking for?

Online Business Success

Govt reduces Integrated GST on import of oxygen concentrators for personal use to 12 pc from 28 pc | Import of personal used oxygen concentrator will be cheaper, the government reduced the IGST rate to 12%


  • Hindi News
  • Business
  • Govt Reduces Integrated GST On Import Of Oxygen Concentrators For Personal Use To 12 Pc From 28 Pc

Fed up with Ads? Install Dainik Bhaskar App for news without ads

New Delhi15 minutes ago

  • Copy link
KhalsaAid is distributing free oxygen concentrators to the corona victims in Delhi.  - Dainik Bhaskar

KhalsaAid is distributing free oxygen concentrators to the corona victims in Delhi.

  • So far, there is a 28% IGST on oxygen concentrator imports.
  • Oxygen concentrator can also be imported as a gift.

The central government has given some relief to those struggling with the Corona crisis. The government has cut the Integrated Goods and Services Tax (IGST) on oxygen concentrators imported for personal use. The government has reduced the IGST on oxygen concentrator to 12% from 28%. This reduced rate will be applicable till 30 June 2021.

CBIC gave information

The Central Board of Direct Taxes and Customs (CBIC) has issued a statement regarding the reduction in IGST. The statement said that IGST on oxygen concentrators imported for personal use has come down from 28% to 12%. This reduction in IGST rate will be valid till 30 June 2021. Earlier, the government had announced waiving of custom duty on import of medical grade oxygen, oxygen concentrator and related equipment.

Oxygen concentrator can be ordered as a gift

Advertisement. Scroll to continue reading.

The central government on Friday approved the import of oxygen concentrator through post or e-commerce portal as a gift. The government has taken this decision due to increased demand for oxygen in the country due to Corona. According to the Ministry of Commerce, oxygen concentrators can be purchased as a gift by 31 July 2021.

Oxygen concentrator can be purchased online

If you are planning to buy oxygen concentrator then you can buy them from e-commerce platforms like Amazon and Flipkart. Apart from these, oxygen concentrators are also available on other e-commerce platforms. However, some people are committing fraud by selling nebulizers and humidifiers in the name of oxygen concentrator. In this case, do research thoroughly before purchasing oxygen concentrator from online platform.

You can also purchase oxygen concentrator from here

Website cost
IMG 50 thousand to 2.95 lakh
Tushti Store 63,333 to Rs 1,25,999
Nightingales India Rs 37,800 to Rs 2.15 lakh
Healthklin 35 thousand to 51 thousand rupees
Helthgenie From Rs 27,499 to Rs 1,29,999
ColMed From Rs 34,157 to Rs 1,06,400

How do oxygen concentrators work?

The air in our atmosphere contains 21% oxygen, 78% nitrogen and 1% other gases. The oxygen concentrator filters only oxygen from the air and releases nitrogen back into the air. After this, the air that the victim gets contains 90-95% oxygen.

Corona epidemic figures in the country

  • Total new cases came in last 24 hours: 3.92 Lakh
  • Total deaths in last 24 hours: 3,684
  • Total cured in last 24 hours: 3.08 Lakh
  • Total infected so far: 1.95 Crore
  • Fix till now: 1.59 Crore
  • Total deaths so far: 2.15 Lakh
  • Total number of patients currently undergoing treatment: 33.43 Lakh

There are more news …

.



Source link

Advertisement. Scroll to continue reading.
Click to comment

Leave a Reply

Latest

Top Stories

There are early signs of the “dust settling” in the crypto market now that investors believe that the worst of the Terra (LUNA) collapse...

Social Media

One of the most significant, yet often overlooked benefits of social media marketing is the capacity to tune in, and get a feel for...

Technology

In brief: Japanese audio equipment maker Onkyo recently filed for bankruptcy, citing total liabilities of 3.1 billion yen ($24 million). According to a report...

Loan And Finance

Why didn’t Spotify raise its $9.99 / €9.99 / £9.99-per-month Premium prices in more major markets before the average person faced an economic tornado...

Technology

What just happened? Did you know Thursday is Global Accessibility Awareness Day? Yeah, me neither. But apparently, this made-up provides companies the perfect opportunity...

Social Media

Okay *cracks knuckles* let’s see what the most popular links were on Facebook over the last quarter. Today, Meta has published its latest ‘Widely...

Advertisement

You May Also Like

Uncategorized

Introductions get a lot of attention. I’ve explored the topic of how to write them even though as a reader, I always skip them....

SEO Guide

There are all kinds of pictures of the world on the internet, but to find one of these specific pictures that you want to...

Online Business Success

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information...

Online Business Success

You can think of link building in many ways. I like to call it tedious, painful, and a test of patience. It’s also necessary...

Advertisement