Textile Sector Benefits From Temporary Cotton Import Duty Exemption
12 Articles
12 Articles
Govt exempts import duty on cotton till October 30 effective June 1
The government on Saturday exempted all customs duties on cotton imports for five months till October 30, 2026. In a notification, the finance ministry said the import duty exemption will be effective from June 1, 2026.
Centre waives customs duty on cotton imports from June 1 to Oct 30
New Delhi: The government on Saturday announced a temporary exemption on all customs duties on the import of cotton from June 1 till October 30, to augment its availability for the Indian textile sector amid geopolitical tensions. The temporary duty exemption is expected to reduce input costs across the textile and apparel sector, thereby providing targeted relief to manufacturers and consumers, while also keeping the interests of domestic farm…
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