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...