"This is our contribution to ease the pressure on prices for medical and protective equipment and to make them more affordable," said European Commission President Ursula von der Leyen via a video message on Friday, Xinhua reported.
She made an example that in Italy, the customs duties of 12 per cent and the value-added tax of 22 per cent is levied on some face masks, or protective garments imported from countries like China.
The decision will make them one-third cheaper. For ventilators, the average value-added tax rate is 20 per cent.
On March 20, the European Commission, the EU's executive invited all member states, as well as the UK, to submit a request to waive customs duties and VAT on the importation of protective and other medical equipment from third countries. All member states and the UK have done so.
The decision takes effect retroactively from 30 January.