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The government issued an amendment to a prior customs notification to extend the deadline for a customs duty exemption on raw cotton, substituting the original expiry date of 30 September 2025 with 31 December 2025; the amendment is made under the powers conferred by section 25(1) of the Customs Act, 1962 read with section 124 of the Finance Act, 2021, and modifies paragraph 2 of the earlier notification to reflect the new termination date.
The government issued an amendment to a prior customs notification to extend the deadline for a customs duty exemption on raw cotton, substituting the original expiry date of 30 September 2025 with 31 December 2025; the amendment is made under the powers conferred by section 25(1) of the Customs Act, 1962 read with section 124 of the Finance Act, 2021, and modifies paragraph 2 of the earlier notification to reflect the new termination date.
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