{"id":235385,"date":"2023-03-31T19:29:31","date_gmt":"2023-03-31T13:59:31","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=235385"},"modified":"2023-03-31T19:29:31","modified_gmt":"2023-03-31T13:59:31","slug":"drugs-for-rare-diseases-get-customs-duty-relief","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/drugs-for-rare-diseases-get-customs-duty-relief\/","title":{"rendered":"Drugs for rare diseases get customs duty relief"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201cDrugs for rare diseases get customs duty relief\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>Indian Express <\/b>on<b> 31st March 2023<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Central Government has given full exemption from basic customs duty on all drugs and food for special medical purposes imported for personal use for the treatment of all Rare Diseases listed under the National Policy for Rare Diseases 2021.<\/span><\/p>\n<h2><b>What is the National Policy for Rare Diseases 2021?<\/b><\/h2>\n<p><a href=\"https:\/\/forumias.com\/blog\/national-policy-for-rare-diseases-2021-provisions-and-concerns\/#:~:text=Government%20Support%3A%20(a)%20The,be%20limited%20to%20BPL%20families.\"><b>Click Here to read<\/b><\/a><\/p>\n<h2><b>What is the significance of this exemption of <\/b><b>basic customs duty on rare diseases?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Drugs or Special Foods required for the treatment of rare diseases are expensive and\u00a0<\/span><span style=\"font-weight: 400;\">need to be imported.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is estimated that for a child weighing 10 kg, the annual cost of treatment for some rare\u00a0<\/span><span style=\"font-weight: 400;\">diseases, may vary from \u20b910 lahks to more than \u20b91 crore per year with treatment being <\/span><span style=\"font-weight: 400;\">lifelong and drug dose and cost, increasing with age and weight.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This exemption from basic customs duty will result in substantial cost savings and provide much needed relief to the patients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to avail this exemption, the individual importer has to produce a certificate from Central or State Director Health Services or the District Medical Officer\/Civil Surgeon of the district.\u00a0<\/span><\/p>\n<h2><b>What is the tax on life-saving drugs and medicines?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Drugs\/medicines generally attract basic customs duty of 10 per cent, while some categories of lifesaving drugs\/vaccines attract a concessional rate of 5 per cent or nil.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cDrugs for rare diseases get customs duty relief\u201d published in Indian Express on 31st March 2023 What is the News? The Central Government has given full exemption from basic customs duty on all drugs and food for special medical purposes imported for personal use for the treatment&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/drugs-for-rare-diseases-get-customs-duty-relief\/\">Continue reading <span class=\"screen-reader-text\">Drugs for rare diseases get customs duty relief<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10500],"class_list":["post-235385","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-indian-express","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=235385"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/235385\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=235385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=235385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=235385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}