Govt. exempts Customs Duty and AIDC on Cotton
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- By Chetan Kulasri
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- Last Updated on 15 April, 2022
Latest from Taxmann
Notification No. 21/2022-Customs Dated April 13th, 2022
The CBIC has issued exemption from levy of Customs Duty and Agriculture Infrastructure and Development Cess (AIDC) on import of goods namely Cotton, not carded or combed falling under HSN 5201 w.e.f. 14th April, 2022. In this regard, notification has been issued which shall remain in force up to and inclusive of 30th September, 2022.
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