New Delhi, April 2 -- The government on Thursday removed customs duty on the import of key petrochemical products to maintain stable supplies and ease the burden on consumers of finished goods amid the West Asia crisis.
This exemption, effective until June 30, is expected to support industries that rely on petrochemical raw materials and intermediates, including plastics, packaging, textiles, pharmaceuticals, chemicals, automotive parts, and other manufacturing sectors.
In a statement, the finance ministry said in light of the ongoing conflict in West Asia and the consequent disruptions in global supply chains, the government has decided to provide full customs duty exemption on critical petrochemical products till June 30.
"This measu...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.