Deadline relaxed for re-export of containers used for oxygen transport
The Hindu
Currently, containers are imported duty-free with condition of re-export in next six months
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 had 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 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).
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