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Govt puts export of Remdesivir and Remdesivir API under restricted category

Govt puts export of Remdesivir and Remdesivir API under restricted category
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Customs to expedite clearances for import of necessary COVID-19 consignments

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.

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Gaurav Masaldan nominated as nodal officer for issues related to customs clearance for COVID-related items


Gaurav Masaldan nominated as nodal officer for issues related to customs clearance for COVID-related items
ANI |
Updated: Apr 24, 2021 15:28 IST
New Delhi [India], April 24 (ANI): As COVID-19 cases continue to rise, Gaurav Masaldan has been nominated as the nodal officer in the Department of Revenue for issues related to customs clearance for oxygen and related items.
In a tweet, the Central Board of Indirect Taxes and Customs said that in case of any difficulty regarding the same, he can be contacted.
"Sh Gaurav Masaldan has been nominated as the nodal officer in the Department of Revenue for issues related to Customs Clearance for oxygen and related items. In case of any difficulty regarding the same, he can be contacted on mobile number 9810619628 and email id masaldan.gaurav@nic.in," the CBIC tweeted.

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Govt drops import duty on remdesivir ingredient, injections for Covid-19


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 Injection Remdesivir from the whole of the duty of customs leviable on their import into India.

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Govt waives import duty on Remdesivir API, injections and specific inputs


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 Injection Remdesivir from the whole of the duty of customs leviable on their import into India.

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Amid worsening COVID-19 situation, Govt waives import duty on Remdesivir API, injections and specific inputs


 
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 100mg/Vial`, Cadila Healthcare Ltd`s REMDAC which was earlier available at Rs 2,800, has been reduced to Rs 899.

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Govt waives import duty on Remdesivir API, injections and specific inputs

Govt waives import duty on Remdesivir API, injections and specific inputs
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Timing of drugs is important, Remdesivir isn't magic bullet: AIIMS Director Randeep Guleria

Timing of drugs is important, Remdesivir isn't magic bullet: AIIMS Director Randeep Guleria
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