Question :

India has extended the deadline for duty-free cotton imports till which month?


A) October 31st
B) August 15th
C) November 25th
D) December 31st

Answer : A

Description :


India has extended the deadline to import cotton without paying import taxes till October 31, 2022. The earlier cut-off date was September 30th. The deadline has been extended as the sowing of the fibre crop was delayed in some regions due to patchy monsoon rainfall. India had earlier allowed duty-free imports of cotton in April after local prices jumped to a record high because of a drop in production and following rally in global prices.


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