Export Duty on Cotton
The Government has imposed export duty of Rs. 2500 per tonne on raw cotton and 3% ad valorem duty on exports of cotton waste w.e.f. 9.4. 2010. This information was given by the Minister of State for Textiles, Smt. Panabaaka Lakshmi in a written reply in the Lok Sabha today to a question raised by Shri Somen Mitra.
The Minister further stated that cotton exports are permitted under Licence vide Government of India Notification No. 44/2009-14 dated 21.05.2010 with export duty.
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RM/JL- PQ 1 - USQ 4322- LS
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