Page 109 - DHC Budget Book 2021-22 Final
P. 109

   9.9
 Imposition of Agriculture Infrastructure and Development Cess [Effective from 02-02-2021]
 — With the purpose of financing the agricultural infrastructure and other development expenditure, Agriculture Infrastructure and Development Cess (AIDC) is to be levied, with effect from 02-02-2021, on imported goods specified in the First Schedule to the Custom Tariff Act, 1975. However, Notification 11/2021-Customs dated 01-02-2021 exempts certain goods from levy of AIDC.
— Exemption from AIDC has been provided to goods on which exemption from BCD has been claimed and allowed under FTA, EOU and Advance Authorization.
— The following are the items in respect of which BCD rates has been reduced, subsequent to levy of AIDC on those items, so that the customer does not have to bear any additional burden:-
     No. CTH
1. 0713 10
Description of Goods
Peas
Existing BCD 50%
Revised AIDC BCD
10% 40%
                                 0713 20 10
           Kabuli Chana
           40%
              10%
         0713 20 20
Bengal Gram (Desi Chana)
    60%
 10%
         0713 20 90
           Chickpeas
           60%
              10%
         0713 40 00
Lentil (Mosur)
    30%
 10%
         0808 10 00
           Apples
           50/70%
              15/35%
         1507 10 00
Crude Soya-bean Oil
    35%
 15%
         1511 10 00
           Crude Palm Oil
           27.5%
              15%
     1512 11 10
          Crude Sunflower Seed Oil
 35%
          15%
        2204, 2205, 2206, 2208
All goods
    150%
 50%
          2701, 2702, 2703
 All goods
          2.5%
    1%
         3102 30 00
           All goods
           10%
              2.5%
     3102 10 00
          Urea
 5%
          Nil
        31
          Muriate of potash, for use as manure or for the production of complex fertilisers
     5%
            Nil
        3105 30 00
Diammonium phosphate,
for use as manure or for the production of complex fertilisers
    5%
 Nil
         5201
           Cotton, not carded or combed
           Nil
              5%
         7106
Silver
    12.5%
 7.5%
         7106
           Silver Dore
           11%
              6.1%
     7108
          Gold
 12.5%
          7.5%
    7108
   Gold Dore
 11.85%
   6.9%
    2.                     30%
     3.
50%
     4.                     50%
     5.
20%
     6.                     35%
     7.
20%
     8.                     17.5%
9.                     20%
          10.
100%
     11.                     1.5%
12.                     5%
13.                     5%
               14. 15.
5%
5%
          16.                     5%
     17.
2.5%
     18.                     2.5%
19.                     2.5%
20.                     2.5%
            — AIDC
Act, 1962.
shall be an additional duty of customs and shall be computed on value as per Sec. 14 of Customs
— The objective of the above amendment is to use the proceeds for improvement of agricultural infrastructure, so that the agricultural production increases along with increase in output efficiency.
 Content Customs Indirect Tax 107
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