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India: Import duty exemption on manufacturing of raw materials to manufacture Amphotericin B and COVID-19 testing kits

Description

On 12 July 2021, the Indian Ministry of Finance through Notification No. 35/2021-Customs announced an import duty exemption on raw materials for the manufacture of the drug Amphotericin B and of COVID...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Jul 2021

Revocation date

30 Sep 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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