Applicability of Customs Duty on Rabbies vaccine

[Ranbaxy Laboratories Ltd]

We are reputed Indian company from Bangalore having vaccine facility in Bangalore. We are planning to import rabbies vaccine in bulk from China And fill finish it in our facility and want to sell in Indian market.

In this respect we need clarification on following issues:

1. Whether rabbies vaccine imported from China in bulk  comes under the definition of Life saving drug
2. Whether rabbies vaccine imported from China in bulk will attract Customs duty or not. What is the rate of customs duty
3. Custom Tariff Code in which it is classified if it is under life Saving Drug or Custom Tariff Code in which it is classified if it is not classified as life Saving Drug
4. In case customs duty is applicable, whether MODVAT Credit is available or not

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above said issue? If not please inform.

AI Summary

Customs duty applicability on imported rabies vaccine raises classification, life saving drug status and input credit questions. The document queries whether bulk-imported rabies vaccine to be fill-finished domestically qualifies as a life-saving drug, whether it attracts customs duty, the correct customs tariff code under each classification, the duty rate if applicable, and whether MODVAT credit is available; the sole reply merely asks if the issue has been clarified.