India enacts emergency measures to secure fuel and raw-material supply chains
→Importers must apply zero-duty classifications and halt restricted chemical exports immediately
Change
India's Department for Promotion of Industry and Internal Trade (DPIIT) has enacted binding multi-sector regulatory relaxations — including customs duty waivers, temporary kerosene storage increases and expedited Petroleum and Explosives Safety Organisation (PESO) licensing with CNG/CBG application turnarounds under 10 days — to secure fuel, gas and critical raw‑material supplies.
Why it matters
High-capacity boiler operators at power plants, refineries and fertiliser units must obtain external inspections to qualify for three-month temporary certificate extensions under the Boilers Act. Importers of EVA and specified polymers are now subject to zero Basic Customs Duty classifications, industrial LPG allocations have been raised to 70% of pre‑March consumption, and ammonium nitrate shipments are banned from export.
Implications
- → Boiler owners at power plants, refineries and fertiliser units must obtain external inspections immediately to secure the three-month certificate extensions — failure to secure inspections risks certificate lapse and operational shutdown.
- → Customs clearance teams and importers of EVA, polybutadiene styrene, butadiene rubber, resins and other specified chemical inputs must file import declarations citing the zero Basic Customs Duty classifications immediately — failure will trigger duty assessments and higher landed costs.
- → Fertiliser and chemical exporters handling ammonium nitrate must halt export shipments immediately — consignments exported in breach of the ban face prohibition enforcement and seizure.
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Source
View on Economic Times