: DGFT allows export of all alcoholbased hand sanitizers including containers with dispenser pumps #FinanceIndia #StockMarketNEWS DGFT allows export of all alcohol-based hand sanitizers including containers

@StockMarketNEWS Wed 21 Oct, 2020

Posted in: #FinanceIndia #StockMarketNEWS

DGFT allows export of all alcoholbased hand sanitizers including containers with dispenser pumps #FinanceIndia #StockMarketNEWS
DGFT allows export of all alcohol-based hand sanitizers including containers with dispenser pumps New Delhi, Oct 16 (KNN) The Directorate General of Foreign Trade (DGFT) has now allowed export of all alcohol-based hand sanitizers, including alcohol-based hand sanitizers in containers with dispenser pumps.

The Ministry of Commerce has issued a notification to amend export policy of hand sanitizers.

‘Export of Alcohol-based Hand Sanitizers in container with dispenser pumps is free for export. All Alcohol-based Hand Sanitizers exported in any other form/packaging are ‘free’ for exports, with the immediate effect,” the Ministry of Commerce stated in a notification dated 15.10.2020.

It added that sanitizers are used as a disinfectant to prevent the spread of virus.

On June 2, The Directorate General of Foreign Trade (DGFT) banned export of alcohol-based hand sanitizers in containers with dispenser pump. On May 6, the government had lifted ban on the export of non-alcoholic sanitizers that was in place since March 24 but prohibited exports of alcohol-based sanitizers to boost its availability in the domestic market amid corona virus pandemic.

According to estimates, India had exported sanitizers worth USD 485 million in 2018-19.

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