2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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December 31
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November 25
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October 31
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August 15
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Detailed explanation-1: -India has extended deadline to import cotton without paying taxes until October 31 from the earlier cut-off date of September 30, 2022.
Detailed explanation-2: -MUMBAI, July 5 (Reuters) - India has extended deadline to import cotton without paying import taxes until Oct. 31 from the earlier cut-off date of Sept. 30, the government said in a notification, as the sowing of the fibre crop delayed in some regions due to patchy monsoon rainfall.
Detailed explanation-3: -“The government imposed an 11% import duty on cotton from 2 February 2021.
Detailed explanation-4: -While the high demand has hit the availability of raw material, the imposition of 11 per cent import duty on cotton has affected the competitiveness of value-added products from India in international markets.