India Re-imposes Basic Customs Duty on Major Polymers Starting July 16 (인도 기본관세 7.5% 면제 종료, 7월16일부터 재부과 개시)

The exemption of the 7.5% Basic Customs Duty (BCD) on major petrochemical products including PVC—which had been implemented since April 2, 2026, to stabilize the supply and demand of petrochemical raw materials in India amid global supply chain disruptions caused by the Middle East war—ended as of July 15 without any further extension. As a … Read more