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Government exempts custom duty on import of oxygen and related items

GST expert by GST expert
April 25, 2021
in GST news
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No custom duty on ventilators, face mask etc
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Currently we can see that the situation of Covid is getting worse and everyday we see a new record set by our country in terms of number of patients in a day or number of death in a day.

One of the major reasons is shortage of oxygen in various places, because this disease affects your lungs and your breathing and because of which people cannot intake correct amount of oxygen and hence they are required to be provided with outside supply of oxygen.

In the current scenario of increasing number of patients the factories of India are not having full capacity to manufacture adequate oxygen and hence to boost production of oxygen, central government has now exempted custom duty on oxygen, machinery used to produce oxygen, ventilators related equipment and covid vaccine.

Yes custom duty has not only been exempted on oxygen but also on covid vaccine as government wants to increase the speed of vaccination and to do that they need more vaccine and thus permission has been provided to increase supply of vaccine.

It is to note that as of now the exemption is only till the month of July i.e. 31.07.2021 as was in the case of exemption of remdesivir. This can be a good relief to the people during the ongoing pandemic.

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