Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Notification amends notification No. 11/2021-Customs dated 1st February, 2021 to revise Agriculture Infrastructure and Development Cess (AIDC) on certain items. AIDC on Precious Metals reduced substantially. For Sl. No. 15A, entry in column (4) substituted with "1.4%". For Sl. No. 15B, 15C and 15E, entry substituted with "0.35%". For Sl. No. 15D, 15F and 15G, entry substituted with "1%". Notification comes into force on 24th July, 2024.
Notification amends notification No. 11/2021-Customs dated 1st February, 2021 to revise Agriculture Infrastructure and Development Cess (AIDC) on certain items. AIDC on Precious Metals reduced substantially. For Sl. No. 15A, entry in column (4) substituted with "1.4%". For Sl. No. 15B, 15C and 15E, entry substituted with "0.35%". For Sl. No. 15D, 15F and 15G, entry substituted with "1%". Notification comes into force on 24th July, 2024.
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