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For the last two weeks, the government and some transport companies have stepped up efforts to help cope with Co­vid-19 by facilitating the import of essential medicines, vaccines, medical equipment, etc. The finance ministry exempted basic customs duty on import of Remdesivir injections, active pharmaceutical ingredients of Remdesivir, Beta Cyclodextrin (SBEBCD) used in making Remdesivir and specified inflammatory diagnostic (marker) kits till end-October 2021. It also exempted basic customs duty and health cess on import of medical oxygen, equipment required for generation, storage, distri...

New Delhi [India], April 24 (ANI): As India's healthcare infrastructure crumbles under the weight of the rapidly rising COVID-19 cases, the Customs Department is all set to expedite clearances for the import of consignments relating to the pandemic.

The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31 amid the ongoing surge in COVID-19 cases in the country. Taking to Twitter, the ministry of finance on Tuesday shared a notification that said that the central government has exempted Remdesivir Active Pharmaceutical Ingredients, Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir -- subject to the condition that the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 -- and ...

  Commerce and Industry Minister Piyush Goyal tweeted, "In line with PM Narendra Modi`s priority to ensure affordable medical care for COVID-19 patients, imports of Remdesivir API, injection and specific inputs have been made import duty free. This should increase supply and reduce cost thus providing relief to patients." Amid the shortage of Remdesivir in the wake of a spike in COVID-19 infections in the country, seven major pharmaceutical companies have already reduced the maximum retail price (MRP) of the anti-viral drug. As per the revised price of major brands of Remdesivir injection 1...

The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31 amid the ongoing surge in COVID-19 cases in the country. Taking to Twitter, the ministry of finance on Tuesday shared a notification that said that the central government has exempted Remdesivir Active Pharmaceutical Ingredients, Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir -- subject to the condition that the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 -- and ...