NEW DELHI :
THE Government on Saturday exempted basic customs duty on import of COVID vaccine, medical-grade oxygen and related equipment to boost domestic availability and make them cheaper amid rising infections across the country. The decision to exempt customs duty was taken at a meeting chaired by Prime Minister Narendra Modi to boost oxygen availability in the country.
“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,” an official statement said. It was also decided that basic customs duty on import of COVID vaccines be also exempted with immediate effect for a period of three months, it added. The 16 oxygen and related equipment on which duty has been waived include oxygen concentrator along with flow meter, regulator, connectors and tubing, oxygen canister, filling systems, storage tanks, cylinders, including cryogenic cylinders and tank.