Trade words

AIDC

Agriculture Infrastructure and Development Cess

A cess on a list of imported goods, such as gold and some edible oils. Where it applies, the basic customs duty is usually lowered to match.

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Lessons that use this word

  1. Lesson 95 min readCustoms duty: BCD, SWS, IGST and AIDCThe duties on an import into India, the order they are worked out in, how exemptions and trade deals lower them, and which part you can claim back.
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Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.