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India to waive import duty on Covid-19 vaccines: Report

Imports of Russia's Sputnik V vaccine are due to arrive soon and the government has also urged Pfizer, Moderna and Johnson and Johnson to sell their products to India.

Published on: Apr 20, 2021 07:10 AM IST
Reuters | New Delhi
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India will waive its 10% customs duty on imported Covid-19 vaccines, a senior government official told Reuters on Monday, as it tries to boost supplies to counter a dramatic surge in coronavirus cases.

The Indian government currently regulates the sale and purchase of all Covid-19 shots in the country. (Reuters file photo)
The Indian government currently regulates the sale and purchase of all Covid-19 shots in the country. (Reuters file photo)

Imports of Russia's Sputnik V vaccine are due to arrive soon and the government has also urged Pfizer, Moderna and Johnson and Johnson to sell their products to India.

The official, who declined to be named, also said the government was considering allowing private entities to import approved vaccines for sale on the open market without government intervention. They could also be given the freedom to set pricing, he added.

The Indian government currently regulates the sale and purchase of all Covid-19 shots in the country.

A finance ministry spokesman did not immediately respond to an email seeking comment outside business hours.

Other South Asian countries, including Nepal and Pakistan, as well as Latin American nations such as Argentina and Brazil levy vaccine import tariffs ranging between 10% and 20%.

The government has now decided to open vaccinations for all adults from May 1.

 
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.
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