materials

Govt waives duty on Amphotericin B, raw materials for Covid testing kits

The government has waived off basic customs duty on imports of raw materials for manufacturing Covid test kits and anti-fungal drug Amphotericin B for a limited period as part of its strategy to make the domestic industry ready for the third wave, one government official said. The duty waiver on various raw materials for Amphotericin …

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Govt waives import duty on raw materials for Covid test kits, APIs for Amphotericin B | India News

NEW DELHI: The government has exempted basic customs duty on imports of specified API/ excipients for Amphotericin B and raw materials for manufacturing Covidtest kits. In a notification dated July 12, the Finance Ministry said the basic customs duty exemption on raw materials for manufacturing Covid test kits would be till September 30, 2021. While …

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Construction costs hit the roof as raw material prices shoot up

The construction sector, hit by the pandemic and related restrictions, is facing a second blow with the cost of materials seeing a steep hike as the cascading effect of fuel price hike. One estimate pegs the increase at about 35% over last year. Crucial inputs such as steel, cement, sand, stone aggregates, plywood materials and …

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