India’s cotton duty exemption brings relief, industry hails move
Under the notification, cotton imports classified under heading 5201 will be exempt from both duties during the specified period. The measure takes effect from June 1 and will remain in force until October 31, 2026. The decision comes as Indian cotton prices surged over the past two months, driven by rising Intercontinental Exchange (ICE) cotton prices, drought concerns in key…
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
