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Gagandeep Singh feels he is on the edge, with no solutions in sight. India’s overall cotton production is estimated to fall to 29.9 million bales in 2024-25, the lowest in six years, due to lower plantings and stagnant yields. Every year, India usually imports 1.5 to 2 million bales of long staple raw cotton, which is not grown in the …
KHAMMAM: Traders of raw cotton in Khammam cotton market are shell-shocked over 28 of them receiving notices from GST department for payment of ₹33 crore of general sales tax on cotton they had purchased from the market during 2017–18. A trader clarified: “We have already paid GST on raw cotton lifted from farmers in 2017–18. GST should be paid on …
