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Custom Duty on Life Saving Drugs

News and Press Release - Dated:- 27-2-2016 - Representations have been received from domestic industry stating, inter alia that the exemption/concessional customs duties on drugs including life saving drugs deters domestic manufacture of these life saving drugs. Accordingly, in consultation with the stakeholders including Ministry of Health and Family Welfare and the Department of Pharmaceuticals, (a) Representations were received from domestic industry stating, inter alia that the exemption/con .....

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h January, 2016] so as to eliminate the disadvantage to the domestic manufacturers of such drugs. Following the withdrawal of exemptions/concessions, these 76 imported drugs (including those cleared from SEZ to domestic tariff area) would attract applicable customs duties. Subsequent to the withdrawal of the exemption/concessional customs duties, a Committee comprising of representatives of the Ministry of Health and Family Welfare, Department of Pharmaceuticals, Director General of Health Servi .....

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