Markets Markets Newswire India extends deadline for duty free cotton imports to Oct. 31 By Reuters Reuters Founded in 1851, Reuters is a news agency owned by Thomson Reuters. With 200 locations worldwide and 2,500 journalists, Reuters is one of the largest news agencies in the world. Reuters has remained true to the Trust Principles of independence, integrity, and freedom from bias, working relentlessly to bring news from the source and from every corner of the world. Successful Farming's Editorial Guidelines Published on July 5, 2022 Trending Videos Close this video player MUMBAI, July 5 (Reuters) - India has extended deadline toimport cotton without paying import taxes until Oct. 31 from theearlier cut-off date of Sept. 30, the government said in anotification, as the sowing of the fibre crop delayed in someregions due to patchy monsoon rainfall. The world's biggest producer of the fibre had allowed dutyfree imports in April after local prices jumped to arecord high because of a drop in the production and followingrally in global prices. India mainly imports cotton from the United States, Braziland Egypt.(Reporting by Rajendra Jadhav) © Copyright Thomson Reuters 2022. Click For Restrictions - http://about.reuters.com/fulllegal.asp Was this page helpful? Thanks for your feedback! Tell us why! Other Submit