Government extends import duty exemption for cotton

Centre extends duty exemption on cotton imports till Dec-end

The Finance Ministry through a notification on Friday, extended the customs duty exemption till end of December from the earlier deadline of Oct 31

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 measure is expected to benefit manufacturers, especially small and medium enterprises, and consumers.

Government extends import duty exemption for cotton

In a notification issued on October 30, the Finance Ministry said the exemption, which had been granted in May this year, will continue until October 31