Notification No. 11/2021 - Customs is being amended to revise ...

Revised AIDC rates: Gold bar 1%, dore 0.35%, Silver bar 1%, dore 0.35%, Precious metals 1.4%, Coins 1%, Findings 1% from 24.07.2024.

July 27, 2024

Notes     Bill

Notification No. 11/2021 - Customs is being amended to revise the Agriculture Infrastructure and Development Cess (AIDC) rates on certain goods with effect from 24.07.2024. The AIDC rates are being reduced for gold bar from 5% to 1%, gold dore from 4.35% to 0.35%, silver bar from 5% to 1%, silver dore from 4.35% to 0.35%, platinum, palladium, osmium, ruthenium, iridium from 5.4% to 1.4%, coins of precious metals from 5% to 1%, and gold/silver findings from 5% to 1%.

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