Taiwan Executive Yuan Approves Temporary Tariff Reduction on Imports of Pharmaceutical Alcohol Ingredients

Taiwan's Ministry of Finance has issued a release announcing the Executive Yuan's approval of Temporary Tariff Reduction on Imports of Pharmaceutical Alcohol Ingredients from 20% to 10% due to the continued need in light of COVID-19. The temporary reduction applies for the period 27 February to 26 August 2021.

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Temporary reduction of tariff on ingredients of pharmaceutical alcohol implemented for a six-month period from February 27 to August 26, 2021 was approved by the Executive Yuan.