NITMA Welcomes Exemption on Cotton Import Duty; Urges GST Rationalization Across MMF Value Chain.
The Northern India Textile Mills Association (NITMA) has lauded the Government of India’s decisive move to exempt import duties on all varieties of cotton (HSN 5201), effective from August 19 to September 30, 2025, as notified by the Ministry of Finance (Notification No. 35/2025-Customs dated 18.08.2025). The exemption covers 5% customs duty, 5% Agriculture Infrastructure and Development Cess (AIDC), and 1% additional cess, offering much-needed relief to the textile industry.
