Global Trade Alert
Global Trade Alert

India: Amendments to the agriculture infrastructure and development cess as part of the 2023-24 budget

Announcement

01 Feb 2023

The Indian Ministry of Finance has amended the agriculture infrastructure and development cess on the imports of certain goods as part of the 2023-24 budget.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

2 in force

Implementation date

02 Feb 2023

Revocation date:

No revocation date

Internal taxation of imports In force

On 1 February 2023, the Indian Ministry of Finance through Notification No. 03/2023-Customs increased the agriculture infrastructure and development cess (AIDC) on the imports of the following goods -...

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Implementation date

02 Feb 2023

Revocation date:

No revocation date

Internal taxation of imports In force

On 1 February 2023, the Indian Ministry of Finance through Notification No. 03/2023-Customs reduced the agriculture infrastructure and development cess (AIDC) on the imports of coal, peat, and lignite...

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