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Govt waives import duty on raw materials for Covid test kits, Black Fungus drug

The move is aimed at increasing the availability of the anti-fungal drug and testing kits in the country

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This picture has been used for representational purpose

This picture has been used for representational purpose

The Centre has exempted basic Customs duty on the import of specific APIs (active pharmaceutical ingredients) for Black Fungus medicine Amphotericin B and the raw materials used for manufacturing Covid test kits.

A notification issued by the Department of Revenue said that the basic customs duty exemption on the import of raw materials for manufacturing Covid-19 test kits will be in place till September 30, and exemption for certain APIs used to produce Amphotericin-B, used in the treatment of Mucormycosis, commonly called Black Fungus till August 31.

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