Customs Duty Exemption Extended on Petrochemical Products

The Government extended full customs duty exemption on critical petrochemical product imports till 15 July 2026 amid West Asia supply disruptions.

The Ministry of Finance extended full customs duty exemption on imports of critical petrochemical products till 15 July 2026. The exemption was earlier valid till 30 June 2026. The measure was introduced as targeted relief due to the conflict in West Asia and disruptions in global supply chains. This update is important for understanding import policy, customs duty and external-sector risks.