The Ministry of Finance has introduced a new customs exemption, adding Serial No. 825A to Notification No. 62/2022-Customs. This amendment grants a nil rate of Basic Customs Duty (BCD) to goods classified under tariff item 26020010. This change is expected to lower import costs, enhance industry competitiveness, and align with government trade policies.
The Ministry of Finance (Department of Revenue) has issued Notification No. 21/2026-Customs dated 9 June 2026, amending the existing customs exemption framework under Notification No. 62/2022-Customs. The amendment introduces a new serial number, 825A, in Table I of the principal notification, exten
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FAQ :
The government has inserted a new entry, Serial No. 825A, into the customs exemption framework, granting a nil rate of Basic Customs Duty (BCD) to goods under tariff item 26020010.
Goods falling under tariff item 26020010 are now eligible for zero customs duty.
The new customs duty rate for tariff item 26020010 is 0.0%.
The exemption is expected to reduce import costs, improve the competitiveness of dependent industries, and facilitate smoother sourcing of raw materials or commodities.
The principal customs exemption notification, Notification No. 62/2022-Customs, has been amended.
Importers should carefully verify their product classification to ensure eligibility and maintain appropriate documentation during customs clearance.