India, Oct. 31 -- The Government of India has issued a release:
Keeping in view the raw material requirements of domestic textile industry, Government of India has extended the existing customs duty exemption on cotton imports until 31st December 2026.
The extension has been notified by the Department of Revenue, Ministry of Finance, vide Notification No. 35/2026-Customs dated 30th October 2026. Through this amendment, the existing exemption, which was available until 31st October 2026, has been extended by two months, up to 31st December 2026.
The Government of India remains conscious of the need to balance the requirements of the textile industry with the interests of domestic cotton farmers, while promoting the sustainable and long-te...