Govt extends customs duty exemption on cotton imports till December 31
Summary
The government has extended the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotton supply and reduce costs for the textile industry. It follows an earlier five-month exemption that was set to expire on October 31. The measure is expected to benefit manufacturers, especially small and medium enterprises, and consumers.
Description from Times of India.
Who is covering this
-
Govt extends customs duty exemption on cotton imports till December 31
The government has extended the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotton supply and reduce costs for the textile industry. It follows an earlier five-month exemption that was set to expire on October 31. The...
