Budget 2021- Seeks to prescribe effective rate of Agriculture Infrastructure and Development Cess for specified goods. – Notification No. 11/2021-Customs Dated 1st February, 2021.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 11/2021-Customs

New Delhi, the 1st February, 2021.

G.S.R.69(E).– In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with clause 115 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law, the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts goods of the description specified in column (3) of the Table below and falling within the Chapter, heading or sub-heading or tariff item of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) as specified in column (2) of the said Table, from so much of the Agriculture Infrastructure and Development Cess leviable thereon under the said clause of the Finance Bill, 2021, as is in excess of the amount calculated at the rate specified in column (4) of the said Table.

Table

Sl.
No.
Chapter or heading or sub-heading or tariff item of the First Schedule Description of goods Rate
(1) (2) (3) (4)
1. 0713 10 All goods 40%
2. 0713 20 10 All goods 30%
3. 0713 20 20 All goods 50%
4. 0713 20 90 Chick Peas (Garbanzos) 50%
5. 0713 40 00 Lentil (Mosur) 20%
6. 0808 10 00 All goods 35%
7. 1511 10 00 All goods 17.5%
8. 1507 10 00,

1512 11 10

All goods 20%
9. 2204, 2205, 2008

2206,

All goods 100%
0. 2701, 2702,

2703

All goods 1.5%
1. 3102 10 00,

3102 30 00

All goods 5%
2. 31 Muriate of potash, for use as manure or for the production of complex fertilisers 5%
13. 3105 30 00 Diammonium phosphate, for use as manure or for the production of complex fertilisers 5%
14. 5201 All goods 5%
15. 7106 or 98 Silver, including silver dore 2.5%
16. 7108 or 98 Gold, including gold dore 2.5%
17. Any Chapter All goods other than goods mentioned against serial numbers 1 to 16 above. Nil
18. Any Chapter All goods on which exemption from basic customs duty is claimed and allowed under the advance authorisation. Nil
19. Any Chapter All goods on which exemption from basic customs duty is claimed and allowed under the notifications, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), mentioned in the ANNEXURE. Nil

ANNEXURE

S. No. Details of Notifications
(1) (2)
1. Notification No. 74/2005-Customs, dated the 22nd July, 2005 vide number G.S.R.499(E), dated the 22nd July, 2005.
2. Notification No. 10/2008-Customs, dated the 15th January, 2008 vide number G.S.R.33(E), dated the 15th January, 2008.
3. Notification No. 152/2009-Customs, dated the 31st December, 2009 vide number G.S.R. 943(E), dated the 31st December, 2009.
4. Notification No. 46/2011-Customs, dated the 1st June, 2011 vide number G.S.R.423(E), dated the 1st June, 2011.
5. Notification No. 53/2011-Customs, dated the 1st July, 2011 vide number G.S.R.499(E), dated the 1st July, 2011.
6. Notification No. 69/2011-Customs, dated the 29th July, 2011 vide number G.S.R.593(E), dated the 29th July, 2011.
7. Notification No. 52/2003-Customs, dated the 31st March, 2003 vide number G.S.R.274(E), dated the 31st March, 2003.
8. Notification No. 3/57-Customs, dated the 8th January, 1957 vide number G.S.R.98 (E), dated the 08th January, 1957.

2. This notification shall come into force on the 2nd February, 2021.

[F. No. 334/02/2021 -TRU]

(Rajeev Ranjan)
Under Secretary to the Government of India

****

CORRIGENDA

New Delhi, the 5th February, 2021

G.S.R. 104(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue), No. 11/2021-Customs, dated the 1st February, 2021, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 69(E), dated the 1st February, 2021,

(i) at page 35, in line 9, for ‘2008’ read ‘2208’;

(ii) at page 36, in the ANNEXURE, the following S. No. shall be added at the end, namely :-

9. Notification No. 99/2011-Customs, dated the 9th November, 2011 vide number G.S.R. 801(E), dated the 9th November, 2011.”.

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