Tariffs & Duties #india#import duty exemption
India Weighs Extending 40-Product Import Duty Exemption Beyond June 30 Amid West Asia Tensions
India is considering extending a temporary customs duty exemption on 40 critical petrochemical products beyond June 30, 2026, according to Economic Times. The exemption, effective April 2, aims to cushion supply chain disruptions from West Asia tensions and reduced Strait of Hormuz cargo flows.
Jun 20, 2026 1 source