India: Government Rescinds Import Duty on Premium Cotton

  |   Attaché Report (GAIN)   |   IN2024-0008

Contact:

Office of Agricultural Affairs, Mumbai   |   (011-91-22) 2672-4863

Link to report:

India: Government Rescinds Import Duty on Premium Cotton
On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm). This revokes the previous import duty that included a five percent basic customs duty and a five percent tax. The reduction in duty should support increased imports of high value cotton used for the manufacturing of premium cotton textiles and apparels for this season, as well as medium term requirements.
Exporting, Regulations & Requirements
South and Central Asia, India
Cotton and Hemp, Cotton

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.