CUSTOMS - AGRICULTURE INFRASTRUCTURE AND DEVELOPMENT CESS (AIDC)

Notification No. 11/2021 – Customs, dated 01.02.2021 is being amended to revise the AIDC rates on the following goods (w.e.f. 24.07.2024):

AIDC rate changes (with changes to the effective rate of Customs Duty)

Rate

S.No.

Chapter, Heading, sub- heading, tariff item

Commodity

From

To

1.

7108

Gold bar

5%

1%

2.

7108

Gold dore

4.35%

0.35%

3.

7106

Silver bar

5%

1%

4.

7106

Silver dore

4.35%

0.35%

5.

7110

Platinum, Palladium, Osmium, Ruthenium, Iridium

5.4%

1.4%

6.

7118

Coins of precious metals

5%

1%

7.

7113

Gold/Silver findings

5%

1%