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The RBI says that the idea is to provide greater operational flexibility to exporters but few exporters are clear on how that will come about
Experts say merely waiving IPR will not raise vaccine supply unless pharma companies transfer the technology and trade secrets that will enable others to produce the vaccines
The notification no.28/2021-Cus dated April 24, 2021 does not exempt IGST leviable on medical goods
The government issued two notifications last Wednesday, both titled 'Deferred Payment of Import Duty Rules, 2016'