ICES Advisory on BUDGET 2021 RELATED Changes in EDI System

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....has introduced some key changes on the Customs front. Changes in the duty structure and introduction of new levies has come into effect from 02-02-2021. All the notifications on rate changes have been duly updated in ICES and System will be restored for Bill of Entry filing in due course on 03.02.2021. The application of newly introduced levy in System as detailed below is being publicized among officers and trade in this Zone to ensure correct filing of BEs once the System is restored. 3. Agriculture Infrastructure and Development Cess (AIDC) (a) One of the major changes in the duty structure is the introduction of Agriculture Infrastructure and Development Cess (AIDC) on Import goods vide clauses 115 and 116 (wherever excisabl....

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.... law for the time being in force." (d) Necessary changes have been done in the System to include the new levy. AIDC as a duty of Customs will be applicable for all items unless exemption is claimed by relevant notification. For all items falling under the Sl No 1 to 16 of the Notification 11/2021 - Customs dated 01.02.2021, the relevant notification and sl no will have to be mentioned by the importer in the Bill of Entry for the applicable effective rate. Even for all other items which are completely exempted from AIDC, relevant Sl Nos (17 to 19) must be quoted in the Bill of Entry. Thus, the claim of AIDC notification shall be mandatory in the Bill of Entry. (e) Excise AIDC is applicable only for Petrol and High Speed Die....