New Delhi, Mar 16 (ANI): To promote health and nutrition, Finance Minister Pranab Mukherjee on Friday proposed an extension of five per cent concessional duty to six specified life-saving drugs and vaccines used for treating HIV, renal cancer and other such diseases.
For checking protein deficiency and malnutrition soya concentrates and isolated soya protein will attract a lesser 10 per cent duty.
Excise duty on all soya food products to be reduced to 6 per cent. Iodised salt will attract a concessional 2.5 per cent customs duty along with reduced excise duty of six per cent.
Probiotics will also attract a reduced basic customs duty of five per cent from 10 per cent. (ANI)
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