Proposed cess on import of APIs stokes supply disruption fears

"Cess not more than 1% may be imposed on imported APIs," a senior
government official said. The DoP had formed a committee earlier this
month as traders started to raise prices of some bulk drugs for
pharmaceutical companies amid the prolonged shutdown in China.

https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/proposed-cess-on-import-of-apis-stokes-supply-disruption-fears/articleshow/74327394.cms

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