WELCOME TO WUXI LONGSHINE TEXTILE CO., LTD.
10% duty will make ELS cotton costly
You are here: HOME » NEWS » 10% duty will make ELS cotton costly

10% duty will make ELS cotton costly

Views:0     Author:Site Editor     Publish Time: 2021-02-26      Origin:Site

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 LINK

YARN

POLYESTER STAPLE FIBER

LEAVEMASSAGE

COPYRIGHT ©  WUXI LONGSHINE TEXTILE CO., LTD ALL RIGHTS RESERVED