India Suspends Cotton Import Duty
India recently rescinded its 10% import duty on cotton until Sept. 30 to support the textile sector, the USDA Foreign Agricultural Service said in an April 15 report. Indian supplies are more expensive than certain textile goods from foreign competitors,…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the agency said, prompting the country to rescind the import tax until the end of the Indian cotton marketing year. The U.S., Egypt and Israel are “major suppliers of “Extra Long Staple (ELS) cotton” to India.