Here's why Gokaldas Exports, KPR Mills, Welspun Living and other cotton stocks are in focus today
Published on 19/08/2025 08:50 AM
Here's why Gokaldas Exports, KPR Mills, Welspun Living and other cotton stocks are in focus todayThe Finance Ministry issued a notification via the Central Board of Indirect Taxes and Customs on Monday, removing the basic customs duty as well as the Agriculture Infrastructure and Development Cess on raw cotton imports, giving temporary relief to the textile and garment industry amid concerns regarding the Trump tariffs.By Shloka Badkar August 19, 2025, 8:50:39 AM IST (Published)1 Min ReadShares of cotton stocks such as Gokaldas Exports, KPR Mills, Welspun Living, Ambika Cotton Mills, are in focus on Tuesday, August 19, after the Centre removed 11% import duty on raw cotton till September 30.
The Finance Ministry issued a notification via the Central Board of Indirect Taxes and Customs on Monday, removing the basic customs duty as well as the Agriculture Infrastructure and Development Cess on the imports, giving temporary relief to the textile and garment industry amid concerns regarding the Trump tariffs.
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