SC rules exxsol hexane a pure hydrocarbon, duty cut to 2.5%

The Supreme Court has ruled that exxsol hexane is a pure hydrocarbon. This decision means imported exxsol hexane will attract a lower customs duty of 2.5 percent. Previously, customs officials wanted it classified as motor spirit, which carried a 10 percent duty. The court upheld a tribunal's order favoring the lower duty. This ruling impacts the nation's import-export status.