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Govt in 'advanced stage of consultation' for cotton import duty removal: Official
short by Pravel Jain / on Sunday, 24 May, 2026
The government is in an "advanced stage of consultation" on the 11% customs duty on raw cotton imports and is examining whether the levy can be removed, an official said. Several ministries are deliberating on the issue, the official added. The textile industry sought the removal of the duty to ease cost pressures on domestic companies due to high prices.
read more at PTI