Central Government temporarily exempts all customs duties on import of cotton from 1st June, 2026 till 31st October, 2026
- Temporary, time-bound exemption of all customs duties on import of cotton notified by the Ministry of Finance, valid 1 June 2026 – 31 October 2026.
- Aim: augment cotton availability for the Indian textile sector, reduce input costs for MSMEs, garments and made-ups, while safeguarding farmer interest.
- UPSC relevance: intersects GS-III (industry, agriculture, trade policy), shows use of tariff policy as a counter-cyclical supply-management tool.