Quick Summary
PM chairs a high-level meeting on measures to increase supply of oxygen oxygen related equipment Covid related vaccines to be exempted from basic customs duty These measures will boost availability of these items as well as make them cheaper The Prime Minister chaired a meeting to review s
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
Medical grade oxygen, oxygen concentrators and their accessories, various types of oxygen plants, oxygen canisters, filling systems, storage tanks, cylinders, generators, ISO containers, transport tanks, parts for manufacturing oxygen equipment, ventilators, compressors, humidifiers, viral filters, high flow nasal cannula devices, helmets for non-invasive ventilation, and non-invasive ventilation masks are exempt.
The exemption from basic customs duty and health cess will be in effect for a period of three months from the date of the decision.
Yes, basic customs duty on the import of COVID vaccines will also be exempted with immediate effect for a period of 3 months.
The aim is to boost the availability of these essential items and make them cheaper, thereby meeting the rising demand.
Shri Gaurav Masaldan, Joint Secretary, Customs, has been nominated as the nodal officer by the Department of Revenue to ensure seamless and quick customs clearance.
CAclubindia
