Sitharaman responds after Mamata asks Modi to waive vaccine taxes
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The 5% tax on COVID-19 vaccines and 12% tax on medicines and oxygen concentrators is required to keep costs low, Union Finance Minister Nirmala Sitharaman said on Sunday. Sitharaman was responding to West Bengal Chief Minister Mamata Banerjee's letter to Prime Minister Narendra Modi seeking a waiver on all forms of taxations and customs duty on medical equipment and drugs used to treat COVID-19.