[ad_1]
“The Central Government, on being glad that it’s crucial within the public curiosity so to do, hereby exempts the products of the outline specified when imported into India, from the entire of the obligation of customs leviable,” the Board mentioned in a notification issued on September 29.
The Board specified ‘COVID-19 vaccine’, indicating all vaccines imported into the nation can be exempt.
Vaccines arse presently charged customs obligation of 10%. The federal government had in April exempted imports of Covid vaccines from customs obligation for 3 months.
The federal government had additionally determined to exempt the import of medical oxygen and related tools from import obligation and well being cess.
Whereas Covid vaccines proceed to draw a 5% items and providers tax, the federal government had exempted some Covid remedy medication from the tax and lowered the tax on different supplies. The aid has been prolonged until the yr finish.
[ad_2]
Source