Chemicals and Petrochemicals

  • Exemption of basic customs duty on Denatured ethyl alcohol as is used in chemical industry.
  • Thus, will also support the Ethanol Blending Programme and facilitate our endeavour for energy transition.
  • Basic customs duty is also being reduced on acid grade fluorspar from 5 per cent to 2.5 per cent to make the domestic fluorochemicals industry competitive.
  • Further, the basic customs duty on crude glycerin for use in manufacture of epicholorhydrin is proposed to be reduced from 7.5 per cent to 2.5 per cent.