Customs duty on import of Remdesivir injection, Remdesivir API and Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir, up to 31st October, 2021


Quick Summary
The Indian government has extended the customs duty exemption for Remdesivir injections, the active pharmaceutical ingredient (API) for Remdesivir, and Beta Cyclodextrin (SBEBCD) used in its manufacture. This exemption applies to imports into India and is valid until 31st October 2021. The exemption is granted under specific conditions, including adherence to the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 for SBEBCD.

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 27/2021-Customs

New Delhi, the 20th April, 2021

G.S.R. (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, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods of the description specified in column (3) of the Table below, falling within the Chapter, heading, sub–heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) specified in column (2) of the said Table, when imported into India, from the whole of the duty of customs leviable thereon under the said First Schedule, namely‑

Table

S. No.

Chapter or heading or sub–heading or tariff item

Description of goods

(1) (2) (3)
1. 29 Remdesivir Active Pharmaceutical Ingredients.
2. 29

Beta Cyclodextrin (SBEBCD) used in 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.

3. 30 Injection Remdesivir.

2. This notification shall remain in force upto and inclusive of the 31st October, 2021.

[F.No. 354/3/2021-TRU]

(Gaurav Singh)

Deputy Secretary to the Government of India

FAQ :

The exemption covers Remdesivir injections, Remdesivir Active Pharmaceutical Ingredients (API), and Beta Cyclodextrin (SBEBCD) when used in the manufacture of Remdesivir.

This notification remains in force up to and including 31st October 2021.

The exemption is issued by the Central Government of India, Ministry of Finance (Department of Revenue).

Yes, for Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir, the importer must follow the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.

 

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