Basic customs duty & health cess to be waived off on oxygen & oxygen related equipment

Covid related vaccines to be exempted from basic customs duty

JK News Today
Jammu, April 24:

A meeting chaired by Prime Minister Narendra Modi exempted customs duty on oxygen and also took several other decisions to ease Covid situation in the country.

The Prime Minister chaired a meeting to review steps taken to boost oxygen availability in the country. The PM emphasized that there was an immediate need to augment the supply of medical grade oxygen as well as equipment required for patient care both at home and in hospitals. PM stressed that all ministries and departments need to work in synergy to increase availability of oxygen and medical supplies.

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:

Medical grade Oxygen
Oxygen concentrator along with flow meter, regulator, connectors and tubing
Vacuum Pressure Swing Absorption (VPSA) and Pressure Swing Absorption (PSA) oxygen plants, Cryogenic Oxygen Air Separation Units (ASUs) producing liquid/ gaseous oxygen
Oxygen Cannister
Oxygen Filling Systems
Oxygen Storage tanks, Oxygen cylinders including cryogenic cylinders and tanks
Oxygen Generators
ISO Containers for Shipping Oxygen
Cryogenic Road transport tanks for Oxygen
Parts of the above to be used for the manufacture of equipment for production, transportation, distribution or storage of Oxygen
Any other device from which Oxygen can be generated
Ventilators (capable of functioning as high-flow devices) with nasal canula; Compressors including all accessories and tubing; humidifiers and Viral filters
High flow nasal canula device with all attachments
Helmets for use with non-invasive ventilation
Non-invasive ventilation oronasal masks for ICU ventilators
Non-invasive ventilation nasal masks for ICU ventilators
Apart from the above, 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.

This will boost availability of these items as well as make them cheaper. The PM directed the Revenue Department to ensure seamless and quick custom clearance of such equipment. Accordingly, the Department of Revenue has nominated Shri Gaurav Masaldan, Joint Secretary, Customs, as the nodal officer for issues related to customs clearance for the above-mentioned items.

The post Basic customs duty & health cess to be waived off on oxygen & oxygen related equipment appeared first on JK News Today.

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