ANNOUNCED AS TEMPORARYNo
The Ministry of Finance through Notification No. 4/2016-Customs restricted the list of medical devices under HS 9018, 9019, 9020, 9021 and 9022 that attracted a reduced customs duty of 5% when such goods were imported for "medical, surgical, dental or veterinary uses". The reduced duty which was earlier available to all products under these tariff lines has now been restricted to specific devices only. A higher duty of 7.5% will now be applicable to the other devices.
The tariff lines, at the Indian 8 digit HS level, that will still attract a lower import duty are - 9018.32.30, 9018.50.20, 9018.90.21, 9018.90.24, 9018.90.43, 9018.90.95, 9018.90.96, 9018.90.97, 9018.90.98, 9019.10.20, 9022.90.10 or 9022.90.30.
⚑ Please report this page in case you detect an inaccuracy in its content.