Page-2 of medical oxygen
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 ..
Month: Current Affairs - April, 2021
What is an Oxygen Concentrator?
The Government of India is to import 10,000 oxygen concentrators. What is an Oxygen Concentrator? An oxygen concentrator concentrates oxygen from the atmosphere. Working of Oxygen Concentrator The atmospheric air has 78% of nitrogen and 21% of oxygen. The Oxygen ..
Month: Current Affairs - April, 2021
Basic customs duty and health cess on medical oxygen, equipment launched
The Government of India has granted complete exemption from basic health cess on import of oxygen-related equipment and customs duty for a period of three months. Background With the COVID-19 double mutant variant B.1.617 spreading rapidly in the country, the ..
Month: Current Affairs - April, 2021
SC asks for National plan on COVID-19 situation
The Supreme Court recently asked the Government of India to submit a National Plan on the COVID-19 situation. Supreme Court took a Suo moto cognisance and issued a notice to the central government on the supply of COVID-19 supplies such ..
Month: Current Affairs - April, 2021
COVAXIN neutralises double Mutant Strain
The Indian Council of Medical Research recently announced that COVAXIN neutralises the Double Mutant Strain of COVID-19. Key Highlights The National Institute of Virology recently demonstrated the neutralisation potential of COVAXIN against the Brazil variant and UK variant. The B.1.617 ..
Month: Current Affairs - April, 2021
Indian Railways runs Oxygen Express
The Ministry of Railways recently announced that it is to create a Green Corridor to ensure fast movement of Oxygen Express trains. These Oxygen Express trains are to be operated to help the country handle the issue of shortage of ..