Wait...

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Big Story | Relief for pharma sector as customs start clearing import of APIs from China


Date: 02-07-2020
Subject: Big Story | Relief for pharma sector as customs start clearing import of APIs from China
After a week of delay caused by stringent scrutiny of Chinese imports, customs officials have begun clearing consignments containing active pharmaceutical ingredients (APIs) across Indian ports. Importers falling under the Tier 3 category of the Authorised Economic Operator (AEO) programme were granted exemption from stringent scrutiny.

The pharmaceutical industry in India has been worried about a potential shortage of medicine supply in the country as consignments worth around Rs 200 crore are struck at various ports and airports for clearance. On June 22, customs officials in Chennai and Visakhapatnam were asked to put all shipments from China on hold until further orders.

Moneycontrol's Sakshi Batra discusses the rationale behind the government's move and what does it mean for pharma companies.

Source:- moneycontrol.com

INFODRIVE INDIA Copyright 1996-2017 InfodriveIndia. All Right Reserved

The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

Infodrive India Pvt Ltd

Delhi :
  F-19, Pocket F, Okhla Phase-I
      Okhla Industrial Area

      New Delhi- 110020
   011 - 40703001

Kolkata :
  5th Floor Stesalit Towers,
      E-2-3, EP & GP Block,

      Sector-V, Salt Lake City,
      Kolkata-700 091
   033 - 71177191

INFODRIVE INDIA Copyright © 1996-2020 InfodriveIndia. All Rights Reserved.
Please read our Terms of Use and Privacy Policy before you use.

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+