CBIC extends period of exemption for customs duty and cess

CBIC extends period of exemption for customs duty and cess on import of raw cotton imports

July 04, 2022

CBIC has extended the validity of exemption from Basic Customs Duty and Agriculture Infrastructure and Development Cess on import of raw cotton. The exemption shall now be valid up to October 31, 2022, and the Notification No. 38/2022-Customs dated July 04, 2022 can be accessed here.