Customs duty will not be imposed on medicines for the treatment of rare diseases including cancer, the central government gave relief
[ad_1]
The government has also exempted pembrolizumab (Ketruda), used in the treatment of various types of cancer, from basic customs duty. Drugs/drugs generally attract a basic customs duty of 10 per cent, while certain categories of life-saving drugs/vaccines attract a concessional rate of five per cent or nil customs duty.
New Delhi. The Central Government has given full exemption from customs duty to all drugs and food items imported for special medical purpose for personal use in connection with the treatment of rare diseases. This exemption will come into effect from April 1. The government has also exempted pembrolizumab (Ketruda), used in the treatment of various types of cancer, from basic customs duty. Drugs/drugs generally attract a basic customs duty of 10 per cent, while certain categories of life-saving drugs/vaccines attract a concessional rate of five per cent or nil customs duty.
In a statement, the Finance Ministry said, “The central government has exempted from customs duty all drugs and food items imported for special medical purpose for personal use in relation to the treatment of all rare diseases listed under the National Rare Disease Policy 2021.” Exemptions are already given for drugs prescribed for the treatment of spinal muscular atrophy or Duchenne muscular dystrophy, but the government was receiving several representations seeking permission to use them to treat other rare diseases. Customs duty relief was requested for drugs and medicines containing Medicines or special food items for the treatment of these diseases are very expensive and need to be imported.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
other news
[ad_2]
Source link