HomeCompany newsZero Import Duty for PET and Key Chemicals in India, Valid April 2–June 30, 2026

Zero Import Duty for PET and Key Chemicals in India, Valid April 2–June 30, 2026

2026-04-02
In a move to strengthen domestic manufacturing and ease raw material cost pressures, the Government of India, through the Ministry of Finance (Department of Revenue), has issued Notification No.12/2026‑Customs (G.S.R. 246(E)), implementing a temporary zero‑import‑duty regime for critical industrial chemicals and plastic raw materials. The policy runs from April 2, 2026 to June 30, 2026.

Covered products include PET (Polyethylene Terephthalate) Chips and a wide range of major plastic raw materials, including PP, PVC, PC, ABS, POM, PU, and epoxy resins. The measure is designed to reduce landed costs, improve supply chain stability, and boost competitiveness for India's fast‑growing packaging, food and beverage, textiles, and plastics processing industries.


The Strategic Role of PET

PET is one of the world's most versatile and widely used polymers, valued for its food safety, clarity, mechanical strength, processability, and recyclability. As India's consumer and industrial sectors expand rapidly, reliable access to high‑quality, cost‑effective PET has become essential to production stability and downstream efficiency. The temporary zero‑duty policy reinforces India's industrial ecosystem and supports sustainable growth across value chains.


Current Anti‑Dumping Duty on PET from China (Valid Until June 26, 2026)

India imposes anti‑dumping duties on bottle‑grade virgin PET resin originating from China, defined as polyethylene terephthalate resin with intrinsic viscosity of 0.72 dL/g or higher (IV ≥ 0.72 dL/g). The current validity is extended to June 26, 2026. Duty rates are officially set as follows:


  • Wankai New Materials Co., Ltd.: USD 40.41 per metric ton (the lowest official anti‑dumping duty rate among all Chinese suppliers)
  • All other Chinese manufacturers / exporters: USD 60.92 to 200.66 per metric ton


This official rate reflects Wankai's strict compliance with international trade rules, consistent fair trade practices, and long‑term commitment to the Indian market.


Wankai: A Trusted and Leading PET Partner for India

As one of the world‑leading PET manufacturers, Wankai has established a strong presence in India and become a preferred long‑term partner for converters, brand owners, and packaging producers across the country. Wankai‑brand PET holds a substantial share in India's imported PET market, supported by stable product quality, large‑scale secure supply, and professional technical service.


Wankai's flagship grades, WK‑801 and WK‑821, are highly popular in India due to their consistent performance, excellent processability, and broad suitability for bottles, sheets, and various packaging applications.


Combining India's temporary zero‑duty policy and Wankai's unmatched advantage of the lowest anti‑dumping duty, Wankai is well‑positioned to deliver enhanced value to its Indian partners. The company will continue to optimize production planning, logistics, and supply chain reliability to ensure stable, cost‑competitive, and high‑quality PET supply. Wankai remains dedicated to supporting customers' growth with dependable products, professional service, and sustainable solutions.


Official Reference

  • Issuing Authority: Ministry of Finance, Department of Revenue, Government of India
  • Notification No.: 12/2026-Customs (G.S.R. 246(E))
  • Effective Period: April 2, 2026 – June 30, 2026
  • Published in: The Gazette of India, Extraordinary, Part II, Section 3(i)
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