https://www.taxtmi.com/circulars?id=64697 AIDC is introduced as an additional duty on imports and as excise on specified excisable goods, with valuation aligned to customs valuation rules. ICES/ICEGATE has been updated and importers must quote the relevant notification serial numbers in the Bill of Entry; use NOTN TYPE 'C' with Additional Duty Flag 'CA' for customs AIDC and NOTN TYPE 'E' with Additional Duty Flag 'A' for excise AIDC. SWS is generally levied on AIDC but is exempted for specified gold and silver headings; traders must verify duty calculations and report discrepancies to ICEGATE. en-us Wed, 03 Feb 2021 00:00:00 +0530 Thu, 18 Feb 2021 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64697 AIDC is introduced as an additional duty on imports and as excise on specified excisable goods, with valuation aligned to customs valuation rules. ICES/ICEGATE has been updated and importers must quote the relevant notification serial numbers in the Bill of Entry; use NOTN TYPE 'C' with Additional Duty Flag 'CA' for customs AIDC and NOTN TYPE 'E' with Additional Duty Flag 'A' for excise AIDC. SWS is generally levied on AIDC but is exempted for specified gold and silver headings; traders must verify duty calculations and report discrepancies to ICEGATE. Circulars Customs Wed, 03 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64697