The Ministry of Finance vide its notification dated 24th April 2021 has waived the whole of customs duty and health cess on import of medical oxygen, oxygen storage tanks and other oxygen related equipment’s for a period of three months with immediate effect.
The Centre also directed customs officials to clear all import consignments, including life-saving drugs and oxygen equipment, used in COVID treatment on the highest priority.
The Ministry has waived the custom duty on Oxygen concentrator including flow meter, regulator, connectors and tubings; Medical Oxygen; Vacuum Pressure Swing Absorption (VPSA) and Pressure Swing Absorption (PSA) oxygen plants, Cryogenic oxygen Air Separation Units (ASUs) producing liquid/gaseous oxygen; Oxygen canister; Oxygen filling systems; Oxygen storage tanks; Oxygen generator; ISO containers for Shipping Oxygen; Cryogenic road transport tanks for Oxygen; Oxygen cylinders including cryogenic cylinders and tanks; parts of goods used in the manufacture of equipment related to the production, transportation, distribution or storage of Oxygen, subject to the condition that the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017.
