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Friday, 08 July 2022 15:10

Indian government extends deadline to import cotton without taxes

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Indian government has extended the deadline to import cotton without paying import tax till October 31. As per a Thrakika Ekkokkistiria report, the earlier deadline to import cotton without paying import taxes was September 30, 2022 as sowing of the fiber crop was delayed in some regions due to uneven railways. India, the world's biggest producer of cotton had allowed duty free imports in April as local prices surged to a record high due to a drop in the production and following rally in global prices.