19 April, 2020
3 Min Read
Export curb removed from Paracetamol
The Centre has permitted the export of formulations (medicinal products) made from Paracetamol. However, the restriction on export of Paracetamol Active Pharmaceutical Ingredients (APIs) will continue. The API is the part of any drug that produces the intended effects.
Directorate General of Foreign Trade
Foreign Trade Act has replaced the earlier law known as the Imports and Exports (Control) Act 1947.
Note: ITCHS codes are better known as Indian Trade Clarification (ITC) and are based on the Harmonized System (HS) of Coding. These were adopted in India for import-export operations. Indian custom uses an eight digit ITC (HS) code to suit the national trade requirements.
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