The authorities has exempted customs obligation on imports of Covid-19 vaccines until March 31, 2023 in a bid to make sure home availability amid fears of a surge in coronavirus infections.
In a notification, the Central Board of Indirect Taxes and Customs (CBIC) stated Covid vaccines, when imported into India by central authorities or state governments, could be exempt from the entire of customs obligation from January 14, 2023 until March 31, 2023.
The authorities had, in April 2021, first exempted Covid-19 vaccines from 10 per cent customs obligation. The exemption was prolonged a number of occasions until June 2022.
With new variants inflicting vital rise in day by day case load in sure nations, together with neighbouring China, the federal government had re-introduced sure precautionary measures, like random passenger testing at airports and genome sequencing, to verify Covid unfold in India.
Currently, Covid vaccines administered in India embody Covishield, Covaxin, Sputnik V, Corbevax and Covovax.
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