CBIC notified agriculture Cess Rate @ 5% for certain goods, effective from February 20, 2024
NEW DELHI : The CBIC vide Notification No. 11/2024-Customs dated February 19, 2024, amending the Notification No. 11/2021 – Customs dated February 01, 2021 on the effective rate of Agriculture Infrastructure and Development Cess for certain goods. Specifically, it amends the cess rate for goods under tariff item 5201 (other than 5201 00 25) to 5%. These changes, substitute the serial number 14 in the originally listed goods with new entries, are to take effect from February 20, 2024.
The following S. No. and entries shall be substituted, namely: –
Table
| Sl. No. | Chapter or heading or subheading or tariff item of the First Schedule | Description of goods | Rate |
| (1) | (2) | (3) | (4) |
| 14. | 5201(other than 5201 00 25) | All goods(Other than goods of staple length exceeding 32.0 mm ) |