Businesses that rely on imported petrochemical products have received some relief from the government. The Centre has extended the full customs duty exemption on certain critical petrochemical imports until July 15, 2026, giving industries more time as global supply chains continue to recover from disruptions caused by the conflict in West Asia.
The extension comes after the earlier exemption, which was due to end on June 30, 2026.
According to a on June 30, 2026, the government has decided to continue the exemption for another 15 days to ensure a smooth transition as the situation gradually returns to normal.
The notification said that while conditions are improving, the extension has been granted to avoid any disruption for industries that depend on these imported petrochemical products.
The list of products covered under the exemption remains unchanged from the earlier notification.
The government had first announced the temporary customs duty exemption in response to the conflict in West Asia, which disrupted global supply chains and raised concerns over the availability of key petrochemical products.
At the same time, Indian petroleum companies had been asked to focus more on the production of LPG, making it important to ensure that industries continued to receive adequate supplies of essential petrochemical inputs through imports.
The temporary duty relief was introduced to maintain sufficient availability of these products in the domestic market.
The government said it remains committed to supporting India’s manufacturing sector.
The continued customs duty exemption is expected to benefit a wide range of industries that use petrochemical feedstock and intermediates in their production processes. These include the plastics, packaging, textiles, pharmaceuticals, chemicals and automotive components sectors, along with several other manufacturing industries.
The government also said the move is expected to provide relief to consumers by helping maintain the supply of finished products.
Although the situation in West Asia has started to improve, the government has chosen to continue the customs duty exemption for a short period to help industries adjust without facing sudden cost pressures.
The exemption will now remain in force until July 15, 2026, after which the government is expected to review the situation based on developments in global supply chains.