Govt Relaxes
Deadline for Re-export of Containers Used for Oxygen Transport
[ABS News Service/24.01.2022]
The customs department has given time till September 30
for the re-export of high-quality containers which have been imported for
efficient transportation of liquid medical oxygen during the second wave of
Covid-19 pandemic.
In a circular to field formations, the Central Board of
Indirect Taxes and Customs (CBIC) said it has received representations through
the Department for Promotion of Industry and Internal Trade (DPIIT) for
providing relaxations in the re-export of ISO containers imported temporarily
for combating the Covid pandemic.
Such containers have been used for efficient
transportation of liquid medical oxygen due to the inherent advantage related
to multi-modal transportation (by road/rail/waterways/airways).
"Board hereby guides all the field formations to
allow extension of time period for re-exports of ISO containers meant for
transportation of Liquid Medical Oxygen grade, …. till September 30, 2022, upon receipt of requests from the
importers," the CBIC circular said.
Currently, containers are allowed to be imported
duty-free with the condition of re-export in the next six months.
If they are not re-exported within six months or the time
limit as given by the CBIC, import duty is levied on such containers.
When the deadly second Covid
wave hit the country in April-May last year, there was a massive surge in
oxygen demand and the government had taken a host of steps to increase domestic
availability of medical oxygen.