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Govt exempts customs duty on cotton imports for five months
The government has announced a five-month customs duty exemption on cotton imports starting June 1. This move aims to increase raw material availability for India's textile industry. The waiver, effective until October 30, is expected to lower costs for manufacturers, especially small and medium enterprises.
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economictimes.indiatimes.com
Centre waives customs duty on cotton imports till October 30
Cotton imports will be duty-free from June 1 to October 30, 2026. This move by the Centre aims to increase cotton availability for India's textile industry. The exemption covers…
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thehindubusinessline.com
Centre waives cotton import duty till October 31 to support textile industry and exports
The Centre has removed cotton import duty until October 31, aiming to lower textile input costs, boost exports and ensure adequate cotton supply.
