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India extends zero customs duty on PTA, MEG till July 15
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Textiles
India extends zero customs duty on PTA, MEG till July 15
02 Jul '26
2 min read
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India has extended the zero customs duty on PTA and MEG imports until July 15, 2026, providing temporary relief to polyester producers amid West Asia-related supply disruptions.
The move is expected to ease raw material costs, though downstream polyester prices may take longer to normalise due to high-cost inventories and uneven pass-through.
The Indian government has extended the zero customs duty on purified terephthalic acid (PTA) and monoethylene glycol (MEG) by another 15 days till July 15, providing temporary relief to the polyester value chain as geopolitical tensions continue to disrupt feedstock markets. The exemption was to expire on June 30.
The Ministry of Finance has extended the customs duty exemption on imports of PTA and MEG until July 15, 2026, amending its April 1 notifications that had originally granted the relief until June 30.
India has extended the zero customs duty on PTA and MEG imports until July 15, 2026, providing temporary relief to polyester producers amid West Asia-related supply disruptions.
The move is expected to ease raw material costs, though downstream polyester prices may take longer to normalise due to high-cost inventories and uneven pass-through.
The move comes nearly three months after the government temporarily removed customs duties on the two key polyester feedstocks to cushion the impact of supply disruptions arising from the West Asia conflict. The measure offered partial relief to the man-made fibre (MMF) industry.
Industry sources said the extension would continue to ease raw material costs for polyester producers. However, they cautioned that downstream prices are unlikely to return to pre-war levels immediately, with