Government of India in line with its ‘Make in India’ initiative, constituted a task force to examine various issues that are causing worries for the domestic medical device sector.
Further based on the recommendations made by the said task force regarding the rationalization of custom duty structure so as to promote domestic manufacturing of medical devices, GOI has come up with the notifications 4/2016-Cus dated 19.01.2016 by amending serial number 473 and 474 of Notification...
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