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The government extended customs duty exemption on petrochemical...

Government extends full customs duty exemption on critical petrochemical products till July 15, 2026, amid West Asia conflict and supply disruptions.

By · · GlobalToday24x7

The Government has extended the full customs duty exemption on critical petrochemical products till July 15, 2026, in view of the ongoing conflict in West Asia.

The exemption has been extended to ensure adequate availability of petrochemicals in the domestic market amid disruptions in global supply chains.

The move is expected to provide relief to a wide range of sectors dependent on petrochemical feedstock and intermediates.

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