India to waive basic customs duty on import of oxygen, related equipment and Covid vaccine for 3 months

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India to waive basic customs duty on import of oxygen, related equipment and Covid vaccine for 3 months

Tribune News Service

New Delhi, April 24

Reeling below an acute medical oxygen provide disaster, India has determined to waive basic customs duty on import of oxygen and related equipment as additionally on Covid vaccines for three months.

Health cess on oxygen and oxygen equipment additionally stands exempted for three months.

The resolution was taken at a high-level emergency assembly Prime Minister Narendra Modi chaired on Saturday as reviews of important sufferers dying for need of oxygen started to pour in from Delhi, Rajasthan and Punjab.

Supplies of oxygen by means of tankers has not been stabilised but and hospitals within the nationwide capital territory area are sustaining sufferers on meagre oxygen provides shifting from hour to hour.

Even AIIMS New Delhi started to report challenges on Saturday.

The Prime Minister chaired the assembly to overview the steps taken to enhance oxygen availability within the nation saying there was a direct want to increase the availability of medical-grade oxygen in addition to equipment required for affected person care each at dwelling and in hospitals.

He requested all ministries and departments to work in synergy to improve availability of oxygen and medical provides.

The PM was briefed that basic customs duty was exempted on remdesivir and its API just lately.

The assembly determined that so as to increase the manufacturing and availability and to meet the rising demand of oxygen full exemption from Basic Customs Duty and well being cess on import of a variety of objects be granted for three months.

The following objects will probably be exempted from the customs duty: 

Medical-grade oxygen, oxygen concentrator together with stream meter, regulator, connectors and tubing;

Vacuum Pressure Swing Absorption (VPSA) and Pressure Swing Absorption (PSA) oxygen crops, Cryogenic Oxygen Air Separation Units (ASUs) producing liquid/gaseous oxygen, oxygen canister, oxygen filling programs, oxygen storage tanks, oxygen cylinders, together with cryogenic cylinders and tanks, oxygen mills, containers for transport oxygen, cryogenic highway transport tanks for oxygen

Parts of the above to be used for the manufacture of equipment for manufacturing, transportation, distribution or storage of Oxygen, any

machine from which Oxygen might be generated;

Ventilators (succesful of functioning as high-flow gadgets) with nasal canula; compressors, together with all equipment and tubing; humidifiers and viral filters, high-flow nasal canula machine with all attachments, helmets for use with non-invasive air flow, non- invasive air flow or nasal masks for ICU ventilators, non-invasive air flow, nasal masks for ICU ventilators.

(*3*) a PMO assertion stated.

The resolution will enhance availability of this stuff in addition to make them cheaper.

The PM directed the Revenue Department to guarantee seamless and fast customized clearance of such equipment.

The Department of Revenue has nominated Gaurav Masaldan, Joint Secretary, Customs, because the nodal officer for points related to customs clearance for the above-mentioned objects.

The authorities stated IAF planes are bringing in cryogenic oxygen tanks from Singapore. “IAF is also transporting oxygen tanks in the country to reduce travel time,” the assertion stated.

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