Drugs Custom Duty
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Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
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Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
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Budget 2024: Centre To Remove Customs Duty On 3 Life-Saving Cancer Medicines
Union Finance Minister Nirmala Sitharaman proposed to completely slash the custom duties on three cancer medicines. Centre has proposed to cut the custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to zero.
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Basic Customs Duty On Drugs, Food For Treatment Of Rare Diseases Waived
The government has exempted basic customs duty on all drugs and food for special medical purposes imported for personal use for treatment of rare diseases.
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Devendra Fadnavis Thanks PM For Tax Relief On Medicines For Girl Child
Former Chief Minister of Maharashtra Devendra Fadnavis has thanked Prime Minister Narendra Modi for waiving off custom duty worth over Rs 6 crores on a life-saving drug for a 5-month old girl from Mumbai.
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Reconsider Move To Remove Drugs From Duty Exemption: CPI(M)
CPI(M) today asked the Centre to reconsider its decision to remove over 70 drugs including life-saving ones used for treating cancer and HIV from customs duty exemption list, saying the move will make these more expensive resulting in "severe" hardships for patients.
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Government Restores Customs Duty Exemption on 3 Drugs
Government had recently withdrawn duty exemptions on 74 drugs.
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'Customs Duty on Life Saving Drugs to Help Domestic Firms'
The CBEC has recently withdrawn exemption on as many as 74 drugs.
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Government Says Custom Duty Relief Removed to Protect Indian Drugmakers
Under flak for withdrawing customs duty exemption for 76 life saving drugs including for cancer, the government on Wednesday justified the decision, saying it was to protect domestic manufacturers and there will only be marginal increase in the prices of these imported drugs.
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Government Reviewing Move To Withdraw Customs Duty Exemption For Drugs
Fearing a rise in prices of life-saving medicines, the government is reviewing its decision to withdraw customs duty exemption for the import of 74 drugs, including those for treating cancer, AIDS and haemophilia.
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Customs Duty Move May Cause Drug Price Hike: Industry
Government's move will adversely impact patients' interest, say experts.
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Customs Duty Exemption Withdrawn on 74 Drugs, Prices to Rise
As many as 74 drugs, including life-saving ones used for treating cancer and HIV, will see a sharp rise in prices as the government has withdrawn customs duty exemption on their imports.
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'Make In India' Push Fuels Price Rise Fear For 74 Vital Medicines
At least 74 drugs -- including life-saving ones used to treat cancer and HIV and haemophilia -- will see a sharp rise in prices as the government has withdrawn customs duty exemption on their imports in a move, some say, that's meant to boost the Make in India programme.
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Import Duties Scrapped on AIDS Drugs
The government has scrapped customs import duties for drugs and test kits used to treat AIDS in an effort to cut prices across the country, as it struggles to cope with an ongoing shortage in its national program to fight the disease.
-
Duty on life-saving drugs reduced
The government has reduced basic customs duty on influenza vaccine and nine other specified life-saving drugs used for treating breast cancer, hepatitis-B, rheumatic arthritis.
-
Cancer Drugs To Get Cheaper In N Sitharaman's Big Budget Announcement
Finance Minister Nirmala Sitharaman announced Saturday that 36 lifesaving drugs and medicines, particularly for cancer patients and those suffering from rare diseases, will be fully exempt from basic customs duty(BCD).
-
Budget 2025: 36 Life-Saving Drugs Fully Exempted From Basic Customs Duty
Budget 2025: 36 life-saving drugs have been fully exempted from basic customs duty, Union Finance Minister Nirmala Sitharaman announced on Saturday.
-
Budget 2024: Centre To Remove Customs Duty On 3 Life-Saving Cancer Medicines
Union Finance Minister Nirmala Sitharaman proposed to completely slash the custom duties on three cancer medicines. Centre has proposed to cut the custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to zero.
-
Basic Customs Duty On Drugs, Food For Treatment Of Rare Diseases Waived
The government has exempted basic customs duty on all drugs and food for special medical purposes imported for personal use for treatment of rare diseases.
-
Devendra Fadnavis Thanks PM For Tax Relief On Medicines For Girl Child
Former Chief Minister of Maharashtra Devendra Fadnavis has thanked Prime Minister Narendra Modi for waiving off custom duty worth over Rs 6 crores on a life-saving drug for a 5-month old girl from Mumbai.
-
Reconsider Move To Remove Drugs From Duty Exemption: CPI(M)
CPI(M) today asked the Centre to reconsider its decision to remove over 70 drugs including life-saving ones used for treating cancer and HIV from customs duty exemption list, saying the move will make these more expensive resulting in "severe" hardships for patients.
-
Government Restores Customs Duty Exemption on 3 Drugs
Government had recently withdrawn duty exemptions on 74 drugs.
-
'Customs Duty on Life Saving Drugs to Help Domestic Firms'
The CBEC has recently withdrawn exemption on as many as 74 drugs.
-
Government Says Custom Duty Relief Removed to Protect Indian Drugmakers
Under flak for withdrawing customs duty exemption for 76 life saving drugs including for cancer, the government on Wednesday justified the decision, saying it was to protect domestic manufacturers and there will only be marginal increase in the prices of these imported drugs.
-
Government Reviewing Move To Withdraw Customs Duty Exemption For Drugs
Fearing a rise in prices of life-saving medicines, the government is reviewing its decision to withdraw customs duty exemption for the import of 74 drugs, including those for treating cancer, AIDS and haemophilia.
-
Customs Duty Move May Cause Drug Price Hike: Industry
Government's move will adversely impact patients' interest, say experts.
-
Customs Duty Exemption Withdrawn on 74 Drugs, Prices to Rise
As many as 74 drugs, including life-saving ones used for treating cancer and HIV, will see a sharp rise in prices as the government has withdrawn customs duty exemption on their imports.
-
'Make In India' Push Fuels Price Rise Fear For 74 Vital Medicines
At least 74 drugs -- including life-saving ones used to treat cancer and HIV and haemophilia -- will see a sharp rise in prices as the government has withdrawn customs duty exemption on their imports in a move, some say, that's meant to boost the Make in India programme.
-
Import Duties Scrapped on AIDS Drugs
The government has scrapped customs import duties for drugs and test kits used to treat AIDS in an effort to cut prices across the country, as it struggles to cope with an ongoing shortage in its national program to fight the disease.
-
Duty on life-saving drugs reduced
The government has reduced basic customs duty on influenza vaccine and nine other specified life-saving drugs used for treating breast cancer, hepatitis-B, rheumatic arthritis.
