State Department Ministry of Finance issued a document | will cancel 28 import tariffs on drugs

Medical Network April 24 hearing Just recently, the State Department Ministry of Finance issued a document, will cancel 28 import tariffs on drugs!
On April 23, the Ministry of Finance website released the Tariff Commission of the State Council on reducing drug Notice of Import Tariffs Announcement No. 2 of the Taxation Committee [2018].
零 28 drugs zero tariff
The announcement mentioned that since May 1, 2018, all general drugs including anti-cancer drugs, alkaloids with anti-cancer effects and imported Chinese medicines with actual imports have been reduced to zero at a provisional rate. .
It is reported that this adjustment will cancel the import duties of 28 drugs. After adjustment, apart from a few species such as Angong Niuhuang Pills and other specialty drugs and some alkaloid drugs, most imported drugs, especially those with actual import Cancer drugs will achieve zero tariffs.
For good patients, pharmaceutical companies need innovation
With a significant reduction in the production of anti-cancer drugs, the VAT burden on import links will be taken by the government. purchase , The timely introduction of imported innovative drugs, especially anti-cancer drugs, into the Medicare reimbursement catalog, and the expedited introduction of various comprehensive measures such as the import and marketing of innovative drugs, will further reduce the burden of drug costs for domestic patients, especially cancer patients, and more. Medication selection.
It took only 11 days from the publication of the Tariff Reduction Drug List to the Prime Minister to make this decision at the State Council Executive Meeting.
The Premier of the State Council presided over the executive meeting of the State Council on April 12 and decided to impose zero tariff on imported anticancer drugs and encourage the import of innovative drugs.
In fact, as early as the 13th session of the National People's Congress, the Prime Minister had stated that he was willing to adopt a more open attitude to further reduce the general level of the tax rate of imported goods.
'Some of the market's hot consumer goods include medicines, especially the masses, and anti-cancer drugs that patients desperately need. We have to reduce them to a lower rate.
The zero tariff of imported anti-cancer drugs can be said to be the direction of the people and will reduce the burden of drugs for cancer patients to a certain extent. At the same time, Chinese pharmaceutical companies must also accelerate innovation in the face of pressure.
Attachment: Provisional Tax Rate Adjustment for Most- favored Nation of Imported Drugs
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