AIDC Cess Exempted on Gold and Silver Jewellery and Articles Export against Supply by Foreign Buyer and Nominated Agencies

[Notification No. 18/2021-Customs dated 17 February 2021]

Seeks to amend notification No. 11/2021-Customs dated 01.02.2021 so to exempt Gold & Silver (and their dore) imported under export promotion schemes from Agriculture Infrastructure and Development Cess (AIDC)

G.S.R…..(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 makes the following amendments in the notification of the Government of India in the 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, namely:-

In the said notification, in the ANNEXURE, after serial number 9 and the entries relating thereto, the following serial numbers and entries shall be inserted, namely:-

“10.	Notification No. 56/2000-Customs, dated the 5th May, 2000 vide number G.S.R. 399 (E), dated the 5th May, 2000.
11.	Notification No. 57/2000-Customs, dated the 8th May, 2000 vide number G.S.R. 413 (E), dated the 8th May, 2000.”

[F. No. DGEP/G&J/05/2017]