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of <h1>India Cuts Customs Duty on 52 Bulk Drugs to 35% or Less for Easier Import; Includes Acyclovir, Amikacin.</h1> The Central Government, under the Customs Act, 1962, has issued Notification No. 216/92-Cus dated June 19, 1992, exempting specified bulk drugs, including their salts and esters, from customs duty exceeding 35% ad valorem when imported into India. This exemption is deemed necessary in the public interest. The notification lists 52 bulk drugs, such as Acyclovir, Amikacin, and Verapamil, among others, that qualify for this exemption. The aim is to reduce the customs duty burden on these specified pharmaceuticals, facilitating their importation into the country.
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