New Delhi, India (GNB)- The Government of India on Saturday decided to exempt basic customs duty on imports of COVID-19 vaccines, medical grade oxygen for a period of three months.
The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi to review steps taken to boost oxygen availability in the country.
According to a statement issued by the federal finance ministry- “PM was briefed that basic customs duty was exempted on Remdesivir and its API recently. It was suggested that import of equipments related to providing oxygen to patients needs to be expedited. In order to augment their production and availability and to meet the rising demand, it was decided to grant full exemption from Basic Customs Duty and health cess on import of the following items related to Oxygen and Oxygen related equipment for a period of three months with immediate effect”.
It was also decided that Basic Customs Duty on import of Covid vaccines be also exempted with immediate effect for a period of 3 months, said in a statement.
Over the past several days, several COVID-19 specialty hospitals in different parts of the country have been facing an acute shortage of oxygen. In some cases, patients even died due to shortage of oxygen.
India on Saturday reported a world record of 346,786 fresh covid-19 infections, taking the cumulative caseload to 16,610,481. The country also saw 2,624 deaths in the highest single-day spike as hospitals and patients gasp for oxygen and plead for supplies..
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