Seeks to exempt basic customs duty on imports of specified API/ excipients for Amphotericin B and raw materials for manufacturing COVID test kits, till specified period

Last updated: 15 July 2021

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The Ministry of Finance has issued a notification exempting basic customs duty on specific imports. This includes certain excipients for Amphotericin B, such as DMPC, DMPG, HSPC, DSPG, Egg Lecithin, and Cholesterol HP, until 31st August 2021. Additionally, raw materials for manufacturing COVID test kits are also exempt from basic customs duty until 30th September 2021. These exemptions are subject to following the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.

MINISTRY OF FINANCE
(Department of Revenue)
New Delhi

Notification No. 35/2021–Customs

Dated: 12th July, 2021

G.S.R. 487(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, subject to the conditions specified in the Annexure to this notification, namely:-

TABLE

S.No.	Chapter or heading or sub–heading or tariff item	Description of goods
(1)	(2)	(3)
	2923 20 90	DMPC (1,2-Dimyristoyl-sn-glycero-3-phosphocholine).
2.	2923 20 90	DMPG (1,2-Dimyristoyl-sn-glycero-3-phospho-rac-glycerol,sodium salt).
3.	2923 20 90	HSPC (Hydrogenated phosphatidylcholine from soybean).
4.	2923 20 90	DSPG (1,2-Distearoyl-sn-glycero-3-phospho-rac-glycerol,sodium salt).
5.	2923 20 90	Egg Lecithin.
6.	2906 13 10	Cholesterol HP.
7.	Any Chapter	Raw materials for manufacturing COVID test kits.

Provided that nothing contained in this notification shall apply to –

(a) the goods specified against serial numbers 1, 2, 3, 4, 5 and 6 of the said Table after the 31st day of August, 2021;

(b) the goods specified against serial number 7 of the said Table after the 30th day of September, 2021.

ANNEXURE

Condition No.	Condition
1.	If the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.

[F. No. CBIC-190354/28/2021-TO(TRU-I)-CBEC]

GAURAV SINGH, Dy. Secy

FAQ :

Certain excipients for Amphotericin B (DMPC, DMPG, HSPC, DSPG, Egg Lecithin, Cholesterol HP) and raw materials for manufacturing COVID test kits are exempt.

The exemption for excipients like DMPC, DMPG, HSPC, DSPG, Egg Lecithin, and Cholesterol HP applies until 31st August 2021.

Raw materials for manufacturing COVID test kits are exempt from basic customs duty until 30th September 2021.

The importer must follow the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.

The specific excipients mentioned are DMPC, DMPG, HSPC, DSPG, Egg Lecithin, and Cholesterol HP.