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India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions

  • Posted on June 18, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions
India weighs extending 40-product import duty exemption beyond June 30 amid West Asia tensions

The government will decide on extending import duty exemptions for 40 products after June 30. This decision hinges on the evolving situation in West Asia and its impact on cargo movement. Revenue implications for the government are also a key consideration. The current exemption was put in place to support domestic industries facing supply chain disruptions.
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Business News Today

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