News & Media 2nd Aug 2024
The government has removed the recent hike on import duty for lab chemicals, restoring it to 10% from 150% after facing severe backlash from scientists and experts. The hike could have “severely” increased costs involved in research and development activities, especially in the pharmaceutical and biotechnology space, according to researchers and scientists.
Maitri Seth from NDTV Profit writes on, “Scientist and Researchers Welcome Rollback of Import Duty Hike on Lab Chemicals” with expert comments from our Partner, Jignesh Ghelani.
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