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Budget 2021: Agri infra cess of Rs 2.5 on petrol and Rs 4 on diesel

According to the Budget documents, Agriculture Infrastructure and Development Cess of Rs 2.5 per litre has been imposed on petrol and Rs 4 per litre on diesel

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Consequent to imposition of AIDC on petrol and diesel, the basic Excise duty and Special Additional Excise Duty rates have been reduced on them so that overall, the consumer does not bear any additional burden

Shrimi Choudhary New Delhi

2 min read Last Updated : Feb 02 2021 | 2:15 AM IST

The Centre on Monday imposed an agriculture infrastructure cess on a range of items, including petrol, diesel, gold, and alcoholic beverages, up to a 100 per cent, in a move that aims to further boost farm infrastructure.

“There is an immediate need to improve agricultural infrastructure so that we produce more, while also conserving and processing agricultural output efficiently. This will ensure enhanced remuneration for our farmers,” said Finance Minister Nirmala Sitharaman, while proposing an Agriculture Infrastructure and Development Cess (AIDC) on a certain items.

According to the Budget documents, AIDC of Rs 2.5 per litre has been imposed on petrol and

Topics : Budget 2021 agriculture in India Farming Petrol-diesel prices

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