ANNOUNCEMENT 09 Apr 2010In April 2010, the government of India announced a change in export taxation.
NUMBER OF INTERVENTIONS
Central Board of Excise and Customs. (2010).THE SECOND SCHEDULE EX PORT TARIFF & CORRESPONDING EXEMPTION NOTIFICATIONS. Available at http://www.cbec.gov.in/customs/cst-0910/cess.pdf
Central Board of Excise and Customs. (2010). Notification No.44/2010-Customs. Available at http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2k10/cs44-2k10.htm
Economic Times. (15 April 2010). Export duty on raw cotton export likely to reduce local prices. Available at http://economictimes.indiatimes.com/news/economy/policy/Export-duty-on-raw-cotton-export-likely-to-reduce-local-prices/articleshow/5811273.cms
On 9 April 2010, the government of India imposed higher export duties on raw cotton and cotton waste. For a period of 6 months, raw cotton will be subject to a levy of Rs 2'500 per tonne. For the same period, an ad valorem duty of 3 percent will is imposed on exports of cotton waste.