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Govt extends customs duty exemption on cotton imports up to Dec 31

Originally published by Business Standard
Govt extends customs duty exemption on cotton imports up to Dec 31
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Keeping in view raw material requirements of domestic textile industry, the Centre has extended the existing customs duty exemption on cotton imports until December 31, 2026, the textile ministry said on Saturday. The extension has been notified by the Department of Revenue, Ministry of Finance, dated October 30. Through this amendment, the existing exemption, which was available until October 2026, has been extended by two months, up to December 31, 2026. In May, the government had exempted c

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