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of <h1>Finance Ministry Cuts Agriculture Cess on Anthracite, PCI, and Coking Coal to Zero Effective May 22, 2022.</h1> The Ministry of Finance, Department of Revenue, has issued Notification No. 27/2022-Customs, amending Notification No. 11/2021-Customs to reduce the Agriculture Infrastructure and Development Cess on Anthracite/Pulverized Coal Injection (PCI) coal and Coking coal to nil. This amendment, effective from May 22, 2022, is made under the powers conferred by the Customs Act, 1962, and the Finance Act, 2021, in the interest of public welfare. The notification was initially published on February 1, 2021, and previously amended on September 10, 2021.
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