New Delhi, April 2 -- In a targeted relief measure, the Government of India has announced a full customs duty exemption on dozens of critical petrochemical products till June 2026 to mitigate the impact of supply disruptions arising from the ongoing West Asia conflict.
The decision, issued under provisions of the Customs Act 1962, aims to ensure the availability of key industrial inputs, ease cost pressures, and stabilise domestic supply chains.
Wide Coverage of Petrochemical Products
As per the notification by the Ministry of Finance, the exemption, effective from April 2 to June 30, 2026, covers over 40 petrochemical products and polymers, now attracting nil customs duty.
Key products include feedstocks and chemicals: toluene, sty...