{"id":115069,"date":"2025-09-04T23:06:09","date_gmt":"2025-09-04T23:06:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/115069\/"},"modified":"2025-09-04T23:06:09","modified_gmt":"2025-09-04T23:06:09","slug":"gst-on-medicine-which-cancer-drugs-and-rare-disease-medicines-health-related-products-will-become-cheaper-from-september-22-check-out-list","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/115069\/","title":{"rendered":"GST on Medicine: Which cancer drugs and rare disease medicines, health-related products will become cheaper from September 22? Check out list"},"content":{"rendered":"

The Union government on Wednesday (September 3) announced a GST rate cut on various products. The decision taken by the GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday, rationalised the indirect tax structure, cutting the current four slabs down to two — scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs.<\/p>\n

One of the biggest announcements was removing tax on 33 life-saving drugs and medicines, which was 12 per cent earlier.\u00a0<\/p>\n

As per the revision, life-saving drugs, health-related products, and some medical devices will see a rate cut from 12 per cent\/18 per cent to 5 per cent or nil.<\/p>\n

Add Zee Business as a Preferred Source<\/p>\n

\"Add<\/a><\/p>\n

“From 5 to 0 and 3 life-saving drugs and medicines used for the treatment of cancer, rare diseases and other severe chronic diseases,” the Finance Minister added.<\/p>\n

“There are several drugs and medicines coming down to 5 per cent from 12 per cent. Similarly, spectacles and goggles for correcting vision are also coming down to 5 per cent from 28 per cent,” she said.<\/p>\n

List of 33 medicines<\/p>\n

Agalsidase Beta\u00a0
Imiglucerase )
Eptacog alfa activated recombinant coagulation factor VIIa\u00a0
Onasemnogene abeparvovec\u00a0
Asciminib\u00a0
Mepolizumab\u00a0
Pegylated Liposomal Irinotecan\u00a0
Daratumumab\u00a0
Daratumumab subcutaneous\u00a0
Teclistamab\u00a0
Amivantamab\u00a0
Alectinib\u00a0
Risdiplam\u00a0
Obinutuzumab\u00a0
Polatuzumab vedotin\u00a0
Entrectinib\u00a0
Atezolizumab\u00a0
Spesolimab\u00a0
Velaglucerase Alpha\u00a0
Agalsidase Alfa
Rurioctocog Alpha Pegol
Idursulphatase\u00a0
Alglucosidase Alfa\u00a0
Laronidase, Olipudase Alfa\u00a0
Tepotinib, Avelumab\u00a0
Emicizumab\u00a0
Belumosudil\u00a0
Miglustat\u00a0
Velmanase Alfa\u00a0
Alirocumab\u00a0
Evolocumab\u00a0
Cystamine Bitartrate\u00a0
CI-Inhibitor injection and Inclisiran<\/p>\n

The changes in GST rates on services will be implemented from September 22.<\/p>\n

Insurance, medical oxygen, and diagnostic kits<\/p>\n

The GST revision will also slash rates for health insurance, medical oxygen, and diagnostic kits.<\/p>\n

GST on individual health and life insurance premiums has been reduced to nil (which currently stands at 18 per cent).
\u00a0<\/p>\n

Also Read: GST on health and life insurance premiums cut to zero; will individual policyholders pay less premium now? Understand with example<\/a><\/p>\n

The GST rates have been slashed from 18 per cent to 5 per cent on various medical apparatus and devices used for medical, surgical, dental or veterinary usage, or for physical or chemical analysis<\/p>\n

The GST rates have been reduced from 12 per cent to 5 per cent on various medical equipment and supplies devices such as wadding gauze, bandages, diagnostic kits and reagents, blood glucose monitoring system (Glucometer) medical devices, etc.<\/p>\n","protected":false},"excerpt":{"rendered":"The Union government on Wednesday (September 3) announced a GST rate cut on various products. The decision taken…\n","protected":false},"author":2,"featured_media":115070,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[55353,55354,55352,102,6591,55355,56,54,55],"class_list":{"0":"post-115069","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-medication","8":"tag-0-tax-on-cancer-drugs-and-rare-medicines","9":"tag-gst-2-0","10":"tag-gst-on-medicine","11":"tag-health","12":"tag-medication","13":"tag-nirmala-sitharaman","14":"tag-uk","15":"tag-united-kingdom","16":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/115069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=115069"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/115069\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/115070"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=115069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=115069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=115069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}