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Duty hiked: Imported X-ray machines to get costlier from April 1
New Delhi: The government has hiked customs duty on import of X-ray machines and non-portable X-ray generators to 15 percent with effect from April 1. Currently, portable X-ray machines and non-portable X-ray generators and apparatus attract 10 percent import duty.The changes in the customs duty rate was brought in as part of the amendments to the Finance Bill, 2023, which was passed by the...
New Delhi: The government has hiked customs duty on import of X-ray machines and non-portable X-ray generators to 15 percent with effect from April 1. Currently, portable X-ray machines and non-portable X-ray generators and apparatus attract 10 percent import duty.
“Working on the vision of reducing import dependency through indigenous production, Government of India is focussing on production of high value pharmaceuticals and high-end medical devices. Manufacturing of components of high-end medical devices in the country will be another big step in moving towards Aatmanirbharta.” Dr. Mansukh Mandaviya had stated.
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751