The Council will discuss the report of the Group of Ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma, on GST concessions on COVID-19 relief items like medical grade oxygen, pulse oximeters, hand sanitisers and ventilators, among others.
Besides, GoM also looked into vaccines, drugs and medicines for COVID-19 treatment and testing kits for its detection.
Some state finance ministers in the GoM are understood to have pitched for a rate cut on COVID-19 essentials.
UP Finance Minister Suresh Kumar Khanna, who is also a member of the GoM, had on Wednesday said the state is in favour of cutting taxes on COVID-19 essentials to facilitate patients, but will accept the decision of the GST Council on tax rates.
The GST Council in its previous meeting on May 28 left taxes on COVID-19 vaccines and medical supplies unchanged after the BJP- and Opposition-ruled states sparred over whether the tax cut benefits will reach the common man. The GoM was set up to recommend rates for COVID-19 essentials.
The Congress party- and other Opposition-ruled states have been demanding a reduction in taxes but the central government felt the move may not result in tangible gains for people.
Currently, 5 per cent GST is levied on domestically manufactured vaccines, while it is 12 per cent for COVID-19 drugs and oxygen concentrators.
In the meeting on May 28, GST was exempted on import of Amphotericin B, a medicine used for the treatment of black fungus.