Customs:
CBIC has increased the rate of Agriculture Infrastructure and Development Cess (AIDC) on following:-
Sl. No. | Chapter | Description of goods | Rate |
15A | 7110 | Goods, other than the following: – (a) Platinum and Palladium for use in the manufacture of: – (i) all goods, including Noble Metal Compounds and Noble Metal Solutions, falling under heading 2843; (ii) all goods falling under sub-heading 3815 12; (iii) catalytic convertors falling under tariff item 8421 32 00; Provided that, the importer follows the procedure set out in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022; (b) Rhodium | 1.5% |