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India Waives Customs Duty on Petrochemicals Amid Middle East Crisis

The Indian government has exempted critical petrochemical products from customs duty until June 30, a temporary measure aimed at easing supply chain issues and cost pressures amidst the ongoing Middle East energy disruption.

2 Apr, 04:46 — 2 Apr, 04:46
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Times of IndiaMostly Factual10d ago

Centre waives duty on key petrochemical goods amid Middle East crisis: Check list

Amidst ongoing Middle East energy disruption, the government has announced a complete customs duty exemption on critical petrochemical products until June 30. This temporary measure aims to alleviate supply chain challenges, reduce cost pressures on downstream industries, and ensure the continued availability of essential inputs for various manufacturing sectors.

By TOI BUSINESS DESK

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