To Boost Textile Industry, Government Waives Customs Duty On Cotton Imports Till September 30
Finance Ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry
Stay updated with breaking news from Basic Customs Duty. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Finance Ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry
In India, cotton crops get affected because of unseasonal rains, and in the US, there were drought-like conditions, , cotton, import duty, TEXTILE SECRETARY
The finance ministry waived customs duty on cotton imports on April 13, 2022 till September 30. The move was made to benefit the textile industry and lower prices for consumers. Currently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC). The industry has been demanding…
The Government has decided to exempt all customs duty on the import of cotton in order to provide relief to the textiles industry, the Ministry of Textiles said on Thursday.
India love for gold is epic. We love to wear it, we love to gift it, and we love to store it too. India gods and goddesses are fond of the yellow metal and