In view of the coronavirus pandemic, the Central Authorities has exempted IGST or built-in GST on import of such items acquired freed from value at no cost distribution of Covid reduction.
The exemption is advert hoc and relevant for all specified imports made until June 30, 2021.
The exemption may also cowl items already imported however mendacity uncleared on the date of its issuance of exemption which begins from Monday.
Authorities had earlier issued notification for exempting Primary Customs Obligation and/or Well being cess imports of various Covid-19 associated reduction supplies, for a restricted interval. These included Remdesivir injection/ API and Beta Cyclodextrin (SBEBCD), Inflammatory diagnostic (markers) kits, imports of which have been exempted from customs until October 31, 2021. Additionally, imports of Medical grade Oxygen, oxygen remedy associated gear akin to oxygen concentrators, cryogenic transport tanks, and so forth., and Covid-19 vaccines have been exempted until July 31, 2021.
This exemption (from IGST) shall thus allow import of the Covid reduction provide imported freed from value at no cost distribution with out fee of IGST (as much as June 30, 2021). As customs responsibility is