Quick Summary
The Central Governmenton 20th April 2021 exempted theCustom Duty onImport of Remdesivir Injection, API and BetaCyclodextrin used in the manufacture of Remdesivir injection, till 31st October 2021. Read the official notification below: MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) NOTIFICATION New Delhi, the 20th April, 2021 No. 27/2021Customs G.S.R. 284(E)-In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government,
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
The import duty exemption for Remdesivir, its API, and Beta Cyclodextrin is valid from April 20th, 2021, up to and including October 31st, 2021.
The exemption covers Remdesivir Injection, the Active Pharmaceutical Ingredient (API) for Remdesivir, and Beta Cyclodextrin used in its manufacture.
The exemption came into effect on April 20th, 2021.
The notification was issued by the Ministry of Finance, Department of Revenue, Government of India.
Yes, the importer must follow the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017, when importing Beta Cyclodextrin.
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