0% IGST on Import of Covid-related relief material

The Government of India recently waived the Integrated GST till June 30, 2021. This included Remdesivir, Beta cyclodextrin, medical grade oxygen, oxygen concentrators, cryogenic transport tanks, etc. Conditions The Government of India has provided exemptions under the following conditions: A Nodal Authority should be appointed by the State Government in accordance with the Central Goods ..

Month: Current Affairs - April, 2021

Category: Economy & Banking Current Affairs

Topics: CGST • COVID-19 • GST • GST Council • IGST • Remdesivir

Congo declares the end of Ebola outbreak

The Democratic Republic of Congo recently declared the end of the twelfth outbreak of Ebola. It had killed six people in the eastern province of North Kivu. About Ebola Outbreak The current Ebola outbreak was genetically linked to that of the outbreak that occured in 2018-20. Currently, Guinea is also fighting against Ebola epidemic. The ..

Month: Current Affairs - April, 2021

Category: International Current Affairs

Topics: Democratic Republic of the Congo • Ebola • Ebola Outbreak • Outbreak • RT-PCR • World Health Organisation (WHO)

Current Affairs 2021: Today’s News Headlines: May 4, 2021

Here are Today’s News Headlines by GK Today for May 4, 2021: Covid human resources Seeking to augment human resources deployed in fighting COVID-19, PM approves a number of measures NEET-PG postponed for at least 4 months to make a large number of qualified doctors available for pandemic duty Medical interns to be pressed into ..

Month: Current Affairs - April, 2021

Category: Today's News Headlines

Topics: Current Affairs Headlines • Current Affairs: News Headlines • Headlines • Latest News Headlines • News Headlines • Top Headlines

IGST on Import of Oxygen Concentrators reduced

The Ministry of Finance recently cut the IGST on import of oxygen concentrators for personal use to 12%. Earlier it was 28%. IGST is Integrated Goods and Services Tax. The decision was announced by the Central Board of Indirect taxes and Customs. The changes are being made in accordance to the IGST Act, 2017. Constitutional ..

Month: Current Affairs - April, 2021

Category: India Nation & States Current Affairs

Topics: Central Board of Indirect Tax and Customs • exports • IGST • imports • medical oxygen • oxygen concentrator • Oxygen Express • Oxygen Generation Plants • oxygen plants • oxygen shortage

WHO lists Moderna’s mRNA vaccine for emergency use

The World Health Organisation recently listed mRNA vaccine of Moderna for Emergency Use. This makes it the fifth vaccine to receive emergency use validation from WHO. Why is Emergency Use Approval important? The Emergency Use Listing of vaccines of the WHO assesses the safety, quality and efficacy of vaccines. It is a prerequisite for COVAX ..

Month: Current Affairs - April, 2021 • Current Affairs - May, 2021

Category: International Current Affairs

Topics: COVAX • Emergency Use Authorisation • Moderna • mRNA • World Health Organisation (WHO)