Textile exports dip due to high cotton costSigns of the spinning sector coming under strain were visible in 2007-2008 ifself, which is approximately 16 years ago. At that time, cotton was removed from the Essential Commodities Act. Not only that, the government slapped 10 percent customs duty, 4 percent additional customs duty, 3 percent education cess, and 1 percent and 5 percent on export benefits on cotton.