Centre waives basic customs duty on import of oxygen and Covid-19 vaccines
Amid oxygen shortage in India, Prime Minister Narendra Modi on Saturday chaired a meeting to review steps taken to boost oxygen availability in the country. Now, the Basic customs duty and health cess would be waived off on oxygen and oxygen-related equipment.
PM Narendra Modi emphasized that there was an immediate need to augment the supply of medical-grade oxygen as well as equipment required for patient care both at home and in hospitals. Even as he stressed that all ministries and departments need to work in synergy to increase the availability of oxygen and medical supplies.
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The Prime Minister was briefed that basic customs duty was exempted on Remdesivir and its API recently. It was suggested that the import of equipment related to providing oxygen to patients needs to be expedited.
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In order to meet the rising demand amid oxygen shortage in India, it was decided to grant full exemption from Basic Customs Duty and health cess on import of the following items related to Oxygen and Oxygen related equipment for a period of three months with immediate effect.
These are: