Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman
- Posted on February 6, 2025
- By Business News Today
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Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman
Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said that shifting part of the basic customs duty to Agriculture Infrastructure and Development Cess (AIDC) will have a marginal impact on states, with around Rs 4,000 crore redistributed among 30 states.
