India-Oman CEPA scraps 5% duty on Kashmir handicrafts, reopens ₹250-cr Gulf export channel
Effective June 1, the India-Oman trade pact removes a 5% customs duty on Kashmiri shawls and Pashmina entering Oman. The Kashmir Chamber of Commerce expects the cut to revive a ₹250-crore annual Gulf export trade supporting 440,000 artisans, after a stretch of order declines.
India-Oman CEPA, effective June 1, removes 5% customs duty on Kashmiri handicrafts entering Oman, expected to revive a ₹250-crore annual Gulf export trade in shawls and Pashmina supporting 440,000 artisans amid recent order declines.