The Central Board of Indirect Taxes and Customs (CBIC) has exempted the imports of yellow peas from basic customs duty (BCD) and Agriculture Infrastructure and Development Cess (AIDC) up to March 31, 2024.The exemption, effective from December 8, 2023, to March 31, 2024, is deemed necessary in the public interest as per the powers conferred by the Customs Act, 1962, and the Finance Act,...
