CBIC exempts Agriculture Infrastructure and Development Cess of 5% for certain goods, effective from February 20, 2024 [Read Notification]:

This notification shall come into force on the 20th of February, 2024. Agriculture Infrastructure and Development Cess This notification shall come into force on the 20th of February, 2024.

Agriculture Infrastructure and Development Cess

CA Pratibha Goyal

Feb 20, 2024

Last update on Feb 20, 2024

CBIC exempts Agriculture Infrastructure and Development Cess of 5% for certain goods, effective from February 20, 2024 [Read Notification] The Central Board of Indirect Taxes and Customs has amended Notification No. 11/2021-Customs vide 11/2024-Customs dated 19-Feb-2024 in order to exempt Agriculture Infrastructure and Development Cess (AIDC) on goods falling under tariff item 5201 00 25. Also Read: Custom Duty Rate for Meat, Cranberries, Blueberries Revised [Read Notification] The notification reads as follows:

About Author

CA Pratibha Goyal

Co Founder

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.