India removes import cess on ammonium nitrate temporarily
→Import costs reduced to zero cess for three months
Change
India exempted ammonium nitrate imports from AIDC, reducing the cess to zero from April 2 to June 30, 2026.
Why it matters
Lower import costs temporarily alter procurement economics for mining and industrial sectors before the exemption expires.
Implications
- → Input costs fall — short-term savings for industries
- → Temporary relief — costs may rise after June
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Source
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