Central government Has announced a complete waiver of customs duty and agricultural infrastructure and development cess (AIDC) on import of raw cotton. There is a temporary discount that will be effective from August 19, 2025 and will be valid till September 30, 2025. This decision of the government will benefit textile companies across the country. Let us tell you that the central government charges 11 percent customs duty on raw cotton imports, which has been removed for 42 days. The government’s move will breathe a sigh of relief from the government’s move amidst the US imposing heavy tariffs.
Textile industry will get relief from inflation pressure
The government said that keeping in mind the interests of the textile industry, this exemption is a very important step, which has been taken in public interest. Removing the customs duty charged on raw cotton will provide relief from inflation to the entire textile industry and they will be able to compete with other companies in the industry. Let us tell you that India’s textile industry was demanding relief in customs duty from the government. The industry said that he was facing a lot of problems due to high prices of cotton and customs duty.
Textile industry is facing many challenges
The country’s textile industry is one of the highest employment industries, where a large number of people work and run their family with this work. However, this is a temporary relief and after September 30, 2025, raw cotton will be charged as before. Let us tell you that India’s textile industry is still facing many challenges. The textile industry is facing high customs, fall in foreign demands and now American tariffs besides high prices of cotton.
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