The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 22/2026-Customs dated 30 June 2026, has extended the validity of Notification No. 12/2026-Customs dated 1 April 2026 by 15 days, continuing the customs duty exemption on 40 specified petrochemical products until 15 July 2026 (inclusive).
Notification No. 12/2026-Customs was issued under Section 25(1) of the Customs Act, 1962, in the public interest. It exempted specified imported petrochemical goods from so much of the customs duty leviable under the First Schedule to the Customs Tariff Act, 1975, as exceeded the rate specified in the notification. For all 40 listed products, the effective customs duty rate was fixed at Nil.
The original notification came into force on 2 April 2026 and was initially valid up to and inclusive of 30 June 2026.
Through Notification No. 22/2026-Customs, the Government amended paragraph 2 of the principal notification by substituting the words “30th June, 2026” with “15th July, 2026.” No other provision of the original notification has been amended.
The exemption continues to apply to a wide range of petrochemical products, including chemicals such as Anhydrous Ammonia, Toluene, Styrene, Methanol, Monoethylene Glycol (MEG), Phenol, Acetic Acid, Vinyl Acetate Monomer, Purified Terephthalic Acid (PTA), Vinyl Chloride Monomer, and Ammonium Nitrate. It also covers numerous polymers and resins, including Polyethylene, Polypropylene, Polystyrene, ABS, SAN, PVC, PET Chips, Polyurethanes, Polycarbonates, Epoxy Resins, Polyols, Polyvinyl Alcohol, Polyvinyl Acetate, Poly (methyl methacrylate), Polyether Ether Ketone (PEEK), Polyphenylene Sulphide (PPS), Polybutadiene, Styrene Butadiene, and several other specified petrochemical products.
Accordingly, importers of these 40 notified products will continue to receive the benefit of the Nil customs duty rate under Notification No. 12/2026-Customs until 15 July 2026, as extended by Notification No. 22/2026-Customs.
MINISTRY OF FINANCE
(Department Of Revenue)
Notification No. 22/2026-Customs | Dated: 30th June, 2026
G.S.R. 528(E).— In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 12/2026-Customs, dated the 1st April, 2026, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 246(E), dated the 1st April, 2026, namely:-
In the said notification, in paragraph 2, for the figures and word “30th June, 2026”, the figures and word “15th July, 2026” shall be substituted
[F. No. 354/1/2026-TRU]
DHEERAJ SHARMA, Under Secy.
Note: The principal notification No. 12/2026-Customs, dated the 1st April, 2026, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 246(E), dated the 1 st April, 2026
