Abhishek Raja "Ram"
15 days ago
โขView on X
๐ข๐น ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ ๐ผ๐ป ๐๐๐๐๐ผ๐บ๐ ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป The Ministry of Finance, Department of Revenue, has issued Notification No. 35/2025-Customs dated 18th August 2025, providing significant relief to the textile sector. ๐๐ผ๐ฟ ๐บ๐ผ๐ฟ๐ฒ ๐๐๐ฐ๐ต ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฝ๐ฑ๐ฎ๐๐ฒ๐ ๐ผ๐ป ๐๐ฆ๐ง ๐ฝ๐น๐ฒ๐ฎ๐๐ฒ ๐ท๐ผ๐ถ๐ป ๐ผ๐๐ฟ ๐ช๐ต๐ฎ๐๐๐๐ฝ๐ฝ ๐๐ฟ๐ผ๐๐ฝ๐ ๐ฎ๐ป๐ฑ ๐๐๐ฎ๐ ๐ฎ๐ต๐ฒ๐ฎ๐ฑ ๐๐ถ๐๐ต ๐๐ถ๐บ๐ฒ๐น๐ ๐ถ๐ป๐๐ถ๐ด๐ต๐๐: chat.whatsapp.com/BDFTz0uUnypHCd3yzzCwrg.[img:mATmpsubb]
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐๐ ๐ฒ๐บ๐ฝ๐๐ถ๐ผ๐ป ๐๐ฟ๐ฎ๐ป๐๐ฒ๐ฑ: Complete exemption from Customs Duty. Complete exemption from Agriculture Infrastructure and Development Cess (AIDC). ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ผ๐ผ๐ฑ๐: Cotton (HS Code 5201). ๐ฉ๐ฎ๐น๐ถ๐ฑ๐ถ๐๐: Effective 19th August 2025 to 30th September 2025. ๐๐ฒ๐ด๐ฎ๐น ๐๐ฎ๐๐ถ๐: Section 25(1) of the Customs Act, 1962, read with Section 124 of the Finance Act, 2021.
๐ ๐๐บ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ ๐ณ๐ผ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ Reduction in cost of raw cotton for domestic manufacturers. Relief for spinning and weaving units facing margin pressures. Support in stabilizing domestic cotton prices. Enhanced competitiveness for Indian textile exports.
๐ ๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป This exemption reflects the governmentโs proactive approach in balancing domestic industry requirements with global competitiveness. Stakeholders in the textile value chain should strategically utilize this window to optimize imports and cost structures. #Customs #IndirectTax #Cotton #ImportDuty #AIDC
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