Global Trade Alert
Global Trade Alert

India: Customs duty exemption on organic chemicals imported for petroleum operations

Announcement

01 Nov 2022

The Indian Ministry of Finance has announced customs duty exemptions on imports of certain organic chemicals when imported for petroleum or coal bed methane operations.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Nov 2022

Revocation date:

No revocation date

Updated: 01 Nov 2022
Tax or social insurance relief In force
On 1 November 2022, the Indian Ministry of Finance through Notification No. 56/2022-Customs exempted the customs duty on the imports of certain organic chemicals when used as an input for petroleum an...
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Implementation date

01 Nov 2022

Revocation date:

No revocation date

Updated: 01 Nov 2022
Import tariff In force
On 1 November 2022, the Indian Ministry of Finance through Notification No. 56/2022-Customs exempted the imports of organic chemicals under HS chapter 29 from the customs duty. The exemption is availa...
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