Govt drops import duty on remdesivir ingredient

The import of Remdesivir Active Pharmaceutical Ingredients (API), injections and specific inputs have been made import duty free till October 31 amid the ongoing surge in COVID-19 cases in the country.
Taking to Twitter, the ministry of finance on Tuesday shared a notification that said that the central government has exempted Remdesivir Active Pharmaceutical Ingredients, Beta Cyclodextrin (SBEBCD) used in the manufacture of Remdesivir -- subject to the condition that the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017 -- and Injection Remdesivir from the whole of the duty of customs leviable on their import into India.