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Global Trade Alert

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India: Cess imposed on the imports of precious metals

Description

On 22 January 2024. the Indian Ministry of Finance through Notification No. 05/2024-Customs imposed an Agricultural Infrastructure Development Cess (AIDC) on the imports of certain goods. These includ...

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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

22 Jan 2024

Revocation date

23 Jul 2024

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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