News Business Exports of certain APIs, formulations put under restricted category

Exports of certain APIs, formulations put under restricted category

APIs and formulations, including Paracetamol, Vitamin B1 and B12, have been put under restricted category amid the coronavirus outbreak in China.

The outbreak of Coronavirus has killed more than 30,000 globally Image Source : PTIThe outbreak of Coronavirus has killed more than 30,000 globally

Exports of certain APIs and formulations, including Paracetamol, Vitamin B1 and B12, have been put under restricted category amid the coronavirus outbreak in China, according to a government notification on Tuesday. Now, the export of 26 active pharmaceutical ingredients (APIs) and formulations require a licence from the directorate general of foreign trade (DGFT).

"Export of specified APIs and formulations made from these APIs ...is hereby restricted with immediate effect and till further orders, " the DGFT said in the notification.

India on Monday reported two new cases of the novel coronavirus, including one from the national capital. The outbreak has killed more than 3,000 people globally.

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