Govt lifts curbs on exports of paracetamol APIs with immediate effect

"The notification is further amended to remove the restriction on the export of paracetamol APIs, making it export 'free' with immediate effect," the statement read

The Central government on Thursday removed restrictions on the export of paracetamol APIs (active pharmaceutical ingredients) making it export free.

"In exercise of powers conferred by Section 3 of the Foreign Trade (Development and Regulation) Act, 1992 (No 22 of 1992), as amended, the Central government hereby makes following amendments in Chapter 29 of the Schedule 2 of the ITCHS Export Policy amending the Notification no 50/2015-20 dated 03.03.2020 related to export Policy of Paracetamol API," said an official statement.

"The notification is further amended to remove the restriction on the export of paracetamol APIs, making it export 'free' with immediate effect,"