Govt Removes Customs Responsibility On Imported Medication, Meals For Particular Medical Objective – Trak.in

As per a authorities press launch, the all medicine and meals for special medical purposes imported for private use for remedy of uncommon ailments have been exempted from the customized obligation.

It is going to be from April 1 that the import obligation waiver shall come into impact.

Exemption on Customized Responsibility of Private Particular Medical Functions Medication & Meals

Along with this, Pembrolizumab (Keytruda), utilized in remedy of assorted cancers has been exempted by the federal government.

Whereas some classes of life saving medicine/vaccines entice a concessional charge of 5 per cent or Nil, there’s a customized obligation of 10% for medicine/medicines.

As per the assertion of finance ministry “The Central Authorities has given full exemption from primary customs obligation on all medicine and Meals for Particular Medical Functions imported for private use for remedy of all Uncommon Illnesses listed beneath the Nationwide Coverage for Uncommon Illnesses 2021”.

What’s Meals for Particular Medical Functions?

It’s a meals formulation supposed to offer dietary help to individuals that suffer from a particular illness, dysfunction or a medical situation, as part of their dietary administration.

To avail this exemption, the person importer has to supply a certificates from Central or State Director Well being Companies or District Medical Officer/Civil Surgeon of the district.

Whereas exemptions have already been offered to specified medicine for remedy of Spinal Muscular Atrophy or Duchenne Muscular Dystrophy, the federal government has been receiving many representations in search of customs obligation aid for medicine and medicines utilized in remedy of different uncommon ailments.

Because the Medication or Particular Meals required for the remedy of those ailments are costly, they have to be imported.

It has been estimated by the ministry that for a kid weighing 10 kg, the annual price of remedy for some uncommon ailments, might differ from Rs 10 lakh to greater than Rs 1 crore per yr with remedy being lifelong and drug dose and price, growing with age and weight.

The ministry mentioned that “This exemption will end in substantial price financial savings and supply a lot wanted aid to the sufferers”.