10% duty will make ELS cotton costly
Home » News » 10% duty will make ELS cotton costly

10% duty will make ELS cotton costly

Views: 2     Author: Site Editor     Publish Time: 2021-02-26      Origin: Site

Inquire

The Government of India has imposed a 10 per cent duty (5 per cent basic customs duty and another 5 per cent Agriculture Infrastructure and Development Cess) on raw cotton with effect from February 2, 2021. This will make imports of Extra-Long Staple (ELS) cotton costly, and may also lead to increase in prices of cotton in domestic market.


Quick Links

Products

Information
+86-139-2121-8730
512 Taihu Pearl Development Mansion,1890 Taihuixi Road, 214072, Wuxi, Jiangsu,China
Contact us
Copyrights 2024 WUXI LONGSHINE TEXTILE CO., LTD.All rights reserved. Sitemap Alibaba