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TMI BlogICES Advisory on Budget 2021 related changes in EDI systemX X X X Extracts X X X X X X X X Extracts X X X X ..... regarding. Attention of the Importers, Exporters, Customs Brokers and all other Stakeholders is invited to ICES Advisory No.07/2021 dated 02.02.2021 on the above subject. 2. Union Budget 2021-22 announced on 1st February 2021 has introduced some key changes on the Customs front. Changes in the duty structure and introduction of new levies has come into effect from 02-02-2021. All the notifi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nto India, at the rate not exceeding the rate of customs duty as specified in the said Schedule, for the purposes of financing the agriculture infrastructure and other development expenditure b. Further, for the calculation for AIDC, sub-clauses (3) and (4) state: 3) Where the duty is leviable on the goods at any percentage of its value, then, for the purposes of calculating the Agricultur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise Act, 1944 or any other law for the time being in force. d. Necessary changes have been done in the System to include the new levy. AIDC as a duty of Customs will be applicable for all items unless exemption is claimed by relevant notification. For all items falling under the SI No 1 to 16 of the Notification 11/2021-Customs dated 01.02.2021, the relevant notification and sl no w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Flag as 'A' Flags for Excise AIDC Notification: NOTN TYPE as E' and Additional Duty Flag as A Necessary changes have also been made in other modules of ICES for facilitating changes in the assessment and duty calculation. g. Further it is clarified in Para I (3) of Annexure C of the letter dated 01.02.2021 issued by JS(TRU-1) that SWS would be levied on AIDC. For the exempti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EDI system may also be verified manually for the first few days. 5. The contents of this Public Notice should be treated as Standing Order for the purpose of Officers and Staff. 6. Difficulties, if any, faced in implementation of this Public Notice may be brought to the notice of the Joint Commissioner(s) of Customs. (Dr. D.K. Srinivas) Principal Commissioner of Customs - Circu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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