April 11, 2026
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Cotton

India Waives Cotton Import Duty Till Sept 30

India has scrapped import duties on cotton between August 19 and September 30, offering short-term relief to its textile and apparel sector as it battles rising global trade pressures. The government order, issued late Monday, fulfills a long-standing demand from industry groups who argued that duty-free cotton imports would make Indian manufacturers more competitive.
Cotton

NBR Scraps 2% AIT On Imports Of Cotton & MMFs

Bangladesh’s National Board of Revenue (NBR) has scrapped the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres (MMFs) used in the country’s garment and textile sector. The exemption, effective immediately, applies exclusively to industrial Import Registration Certificate (IRC) holders, as per a gazette notification issued on 17