Budget 2021- CBIC amends 4 Notifications to add the reference of Agriculture Infrastructure and Development Cess in the appropriate duty of excise

Last updated: 03 February 2021

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The Central Government has amended four existing Central Excise notifications following Budget 2021. These changes officially incorporate the Agriculture Infrastructure and Development Cess into the relevant excise duties. The amendments, effective from 2nd February 2021, ensure that the new cess is properly accounted for under existing excise regulations.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)

Notification No. 07/2021-Central Excise

New Delhi, the 1^st February, 2021

G.S.R.89(E).– In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 112 of the Finance Act, 2018 (13 of 2018), sub-section (3) of section 147 of the Finance Act, 2002, (20 of 2002) and clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law, the Central Government being satisfied that it is necessary in the public interest so to do, hereby amends the following notifications of the Government of India in the Ministry of Finance (Department of Revenue) specified in column (2) of the Table below, to the extent specified in the corresponding entries in column (3) of the said Table, namely : –

Table

S. No.

Notification number and date

Amendments

(1)

(2)

(3)

10/2018-Central Excise, dated the 2nd February, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 136(E),
dated the 2nd February, 2018.

In the said notification, –

(i) in the preamble, for the words, brackets and figures “and sub-section (3) of section 147 of the Finance Act, 2002, (20 of 2002)”, the words, brackets and figures “, sub-section (3) of section 147 of the Finance Act, 2002, (20 of 2002) and the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable under clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law,” shall be substituted;

(ii) in the TABLE, after S. No. 3 and the entries relating thereto, the following S. No. and the entries shall be added, namely: –

(1)	(2)	(3)
“4.	Additional Duty of Excise (Agriculture Infrastructure and Development Cess)	Clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law.”.

11/2018-Central Excise, dated the 2^nd February, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 137(E), dated the 2^nd February,
2018.

In the said notification, –

for the words, brackets and figures “and the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002)”, the words, brackets and figures “, the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002) and the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable under clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law,” shall be substituted.

12/2018-Central Excise,dated the 2^ndFebruary, 2018, published in the Gazette of India, Extraordinary, vide numberG.S.R. 138(E), dated the 2^nd February,
2018.

In the said notification, –

13/2018-Central Excise, dated the 2^nd February, 2018, published in the Gazette of India, Extraordinary, vide number G.S.R. 139(E), dated the2^nd February,
2018.

In the said notification, –

for the words, brackets and figures “the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002)”, the words, brackets and figures “, the special additional excise duty leviable under section 147 of the Finance Act, 2002 (20 of 2002) and the additional duty of excise (Agriculture Infrastructure and Development Cess) leviable under clause 116 of the Finance Bill, 2021 (15 of 2021), which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law,” shall be substituted.

2. This notification shall come into force on the 2^nd February, 2021.

[F. No. 334/02/2021-TRU]

(Rajeev Ranjan)
Under Secretary to the Government of India

FAQ :

The amendments aim to add the reference of the Agriculture Infrastructure and Development Cess to the appropriate excise duty notifications.

Four Central Excise notifications from 2018 (10/2018, 11/2018, 12/2018, and 13/2018) have been amended.

These amendments come into force on the 2nd of February, 2021.

The Agriculture Infrastructure and Development Cess is being introduced.

The cess is levied under clause 116 of the Finance Bill, 2021.

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Notification No : 07/2021-Central Excise
Published in Excise
Source : https://www.cbic.gov.in/resources//htdocs-cbec/excise/cx-act/notifications/notfns-2021/cx-tarr2021/ce07-2021.pdf

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