| Date: |
20-08-2010 |
| Subject: |
Govt imposes export duty on raw cotton |
|
The Government has imposed export duty of Rs2500 per ton on raw cotton and 3% ad valorem duty on exports of cotton waste with effect from Apri 9,2010, Minister of State for Textiles, Panabaaka Lakshmi said.
The Minister further stated that cotton exports are permitted under Licence vide Government of India Notification No. 44/2009-14 dated May 21, 2010 with export duty.
Source : indiainfoline.com
|