May 31, 2026 9:34 AM

Centre waives customs duty on cotton imports till Oct 31 to support textile industry

The central government has announced a temporary exemption from all customs duties on cotton imports from June 1, 2026, to October 31, 2026, in a move aimed at improving the availability of cotton for India's textile industry. According to the Ministry of Finance, the measure is expected to lower input costs across the textile and apparel value chain, providing targeted relief to manufacturers while also benefiting consumers. The government said the decision has been taken while keeping the int...

August 28, 2025 10:40 AM

Govt extends import duty exemption on cotton till Dec 31

The government on Thursday extended the exemption on import duty for cotton till December 31, 2025, in a bid to ensure adequate availability for the textile industry. The Centre had earlier exempted the duty from August 19 to September 30. “In order to support exporters further, the Central Government has decided to extend the import duty exemption on cotton from September 30, 2025, till December 31, 2025,” the Finance Ministry said in a statement, adding that a notification will be issued...