Key Takeaways The Indian government extended full (nil) customs duty exemption on approximately 40 key petrochemical products from June 30 to July 15, 2026, via Notification No. 22/2026-Customs. The measure addresses ongoing supply chain risks from the West Asia conflict, which has affected shipping routes and raised freight costs for imports. Affected products include core feedstocks and intermediates like methanol, anhydrous ammonia, styrene, vinyl chloride monomer (VCM), m