The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification extending the customs duty exemption on raw cotton. This move is outlined in the notification 35/2026-Customs dated October 30, 2026. The extension aims to support the textile industry by reducing import costs.
For textile importers, this exemption means a continued reduction in costs associated with importing raw cotton. It affects the calculation of duties payable at the time of filing the Bill of Entry. Importers should verify if their specific consignments of raw cotton fall under this exemption to benefit from the cost savings.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice