Govt lifts curbs on exports of medicines made from Paracetamol
The Federal Government On Friday Eliminated Limitations On Exports Of Medicines Made From Paracetamol In The Middle Of The Break Out Of Covid-19 Limitations On Exports Of Paracetamol Active Pharmaceutical Active Ingredients (APIs Or Raw Products) Will Continue.
PTI|Upgraded on: 17 Apr 2020, 01: 41: 19 PM
Limitations eliminated on exports of medicines made fromParacetamol (Image Credit: News Country Image)
New Delhi:
The federal government on Friday got rid of limitations on exports of medicines made from Paracetamol in the middle of the break out of Covid-19 Limitations on exports of Paracetamol active pharmaceutical active ingredients (APIs or raw products) will continue, the Directorate General of Foreign Trade (DGFT) stated in a notice.
To export an item, which is under limited classification, an exporter needs no-objection certificate or authorization of a licence from the DGFT. ” .The formulations made from Paracetamol (including fixed-dose combinations) are made free for export with immediate effect. However, Paracetamol APIs will remain restricted for export,” it stated. The federal government on March 3 had actually put export limitations on 26 pharma active ingredients and medicines, consisting of paracetamol.
Nevertheless on April 6, it got rid of the export limitations on 24 Formulas and apis omittingParacetamol India exported solutions made from Paracetamol worth USD 5.41 billion throughout April-January 2019-20 It was USD 5.8 billion in 2018-19 According to Mumbai-based physician Sachin Ramteke, Paracetamol is utilized typically to deal with body discomfort and fever. “It is used as symptomatic treatment to control body temperature,” he stated.
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First Released: 17 Apr 2020, 01: 41: 19 PM
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