Alerts & Updates 2nd Apr 2026

Temporary Customs Duty and AIDC Exemptions on Key Chemicals

Authors

Ambarish Sathianathan
Ambarish SathianathanPartner | Mumbai
Sanjay NotaniPartner | Mumbai
Aayush Rastogi
Aayush RastogiPrincipal Associate | New Delhi | Noida

Latest Thought Leadership

Data Privacy
Alerts & Updates 13th Aug 2026

The Indirect Collection Dilemma: How to Fulfil Consent Requirement?

Read More
Newsletter/Booklets 11th Aug 2026

Capital Markets Newsletter: July 2026

Read More
Investment Funds
Alerts & Updates 10th Aug 2026

IFSC Newsletter – July 2026

Read More
Alerts & Updates 10th Aug 2026

Supreme Court on Disciplinary Punishment: Misconduct May Be Proved, but Dismissal May Still Not Be Justified

Read More

On April 1, 2026, the Ministry of Finance notified temporary exemptions from Basic Customs Duty on 40 key chemicals and petrochemicals, and from Agriculture Infrastructure and Development Cess on ammonium nitrate.

The relief applies to imports made between April 2, 2026 and June 30, 2026 (both days inclusive), and is aimed at easing conflict-driven input cost pressures for downstream sectors such as pharmaceuticals, textiles, paints and other manufacturing industries. Other levies, including anti-dumping duty, countervailing duty and safeguard measures, continue to apply.

Read our detailed update for a product-wise breakdown and key takeaways.

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.