With the government not extending the 11 % import duty exemption on cotton beyond December 31, 2025, the price of domestic cotton is firming up. Price of the widely-used Shankar-6 variety of cotton ...

The Customs Department is considering raising the import duty rate on goods with a low value and applying a single, uniform rate to promote fairer competition between domestically produced goods and ...

Raw cotton or kapas prices have firmed up by over 5 per cent after the duty exemption on imports of the fibre crop ended on December 31. However, the gains are likely to be capped as Bangladesh, the ...

NEW DELHI: The Confederation of Indian Textile Industry (CITI) has demanded that the government permanently remove the 11 per cent cotton import duty as it would help mitigate the cost pressure for ...

Instituting production-linked incentive (PLI) schemes to curtail import dependency on critical components in the longer-term, and rationalising import duties for support in the short term, forms the ...

India's cotton imports rose 158% year on year to a ‍record 3.1 ‍million bales in the December quarter after New Delhi allowed duty-free imports, boosting overseas purchases, a leading industry body ...