Govt. exempts COVID-19 Vaccines & Oxygen from Basic Customs Duty [Read Notification]

Basic Customs Duty - COVID - COVID Vaccines - Oxygen - Taxscan

The Government on Saturday notified the Covid-19 vaccines and Oxygen are exempted from basic customs duty.

The notification has been issued in line with decisions taken in a meeting taken by the Prime Minister, Notification No. 28/2021-Customs dated April 24, 2021 issued exempting Customs duty on medical grade Oxygen, Oxygen related equipment and COVID-19 vaccines till July 31, 2021.

The Centre also directed customs officials to clear all import consignments, including life-saving drugs and oxygen equipment, used in COVID treatment on the highest priority.

The decision to exempt customs duty was taken at a meeting chaired by Prime Minister Narendra Modi to boost oxygen availability in the country, the Finance Ministry said.

The Government has waived the custom duty on Oxygen concentrator including flow meter, regulator, connectors and tubings; Medical Oxygen; Vacuum Pressure Swing Absorption (VPSA) and Pressure Swing Absorption (PSA) oxygen plants, Cryogenic oxygen Air Separation Units (ASUs) producing liquid/gaseous oxygen; Oxygen canister; Oxygen filling systems; Oxygen storage tanks; Oxygen generator; ISO containers for Shipping Oxygen; Cryogenic road transport tanks for Oxygen; Oxygen cylinders including cryogenic cylinders and tanks; parts of goods used in the manufacture of equipment related to the production, transportation, distribution or storage of Oxygen, 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; any other device from which oxygen can be generated; Ventilators, including ventilator with compressors; all accessories and tubings; humidifiers; viral filters (should be able to function as high flow device and come with nasal canula); High flow nasal canula device with all attachments; nasal canula for use with the device; Helmets for use with non-invasive ventilation; Non-invasive ventilation oronasal masks for ICU ventilators; Non-invasive ventilation nasal masks for ICU ventilators; and COVID-19 vaccine.

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