SF Prep Notes

Centre exempts all customs duties on cotton imports from 1 June to 31 October 2026

On 30 May 2026 the Central Government temporarily exempted all customs duties on import of cotton from 1 June 2026 till 31 October 2026 to improve cotton availability for the textile sector.

Summary

The Ministry of Finance notified a temporary exemption of all customs duties on cotton imports from 1 June 2026 to 31 October 2026. The aim is to increase cotton availability for the textile and apparel sector and reduce input costs, especially for small and medium enterprises. The Ministry of Textiles said the move balances the interests of farmers and the textile industry.

Key facts

Measure
Exemption of all customs duties on cotton imports
Period
1 June 2026 – 31 October 2026
Notified
30 May 2026, Ministry of Finance
Aim
Cotton availability, lower input costs for textile/apparel sector

Practice MCQs 2 questions

Q1

In May 2026, the Centre temporarily exempted all customs duties on imports of which commodity from 1 June to 31 October 2026?

Show answer

Correct answer: A — Cotton

All customs duties on import of cotton were exempted from 1 June 2026 till 31 October 2026.

Q2 Advanced

Till what date does the temporary customs duty exemption on cotton imports, notified on 30 May 2026, remain in force?

Show answer

Correct answer: C — 31 October 2026

The exemption applies from 1 June 2026 till 31 October 2026.

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