New customs notification grants a full exemption from customs duty and AIDC on raw cotton imports from June until October 2026, aiding the agricultural sector.
Raw Cotton Imports Exempt from Duties Till October 2026
A new customs notification grants full exemption from customs duty and Agriculture Infrastructure and Development Cess on cotton imports. The relief is available for imports made between June and October 2026.
This measure aims to support the agricultural sector by lowering import costs for raw cotton, which may enhance supply chains for domestic textile production. The exemption could stimulate import activities during the stated period, aiding farmers and manufacturers alike.
Legal professionals should keep clients informed about the specifics of this exemption and how it can affect their operations and import strategies in the textiles sector.
Citations
- Customs Notification (2026) N/A
