
EU waives taxes, duties on imported medical supplies
2020-04-05 08:30:11 source:Global Times
April 4, 2020
The European Union (EU) announced on Friday to temporarily waive customs duties and value-added tax (VAT) on the import of medical devices, and protective equipment, from non-EU countries to help the fight against coronavirus.
The decision to approve the requests from member states and the UK was made to to make it easier financially to get the medical equipment which is desperately needed.
The measure will apply to masks and protective equipment, as well as testing kits, ventilators and other medical equipment. It will be effective until 31th July, with a possibility for further extension.
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