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India: Agricultural Infrastructure and Development Cess (AIDC) introduced on the imports of goods (Budget 2021-2022)

Description

On 1 February 2021, the Indian Finance Minister as part of the Budget for the year 2020-2021 announced an Agricultural Infrastructure Development Cess (AIDC) to be levied on the imports of all goods. ...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

02 Feb 2021

Revocation date

01 Feb 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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