Customs Notification 16/2026 (T) Dated 12/05/2026 – Revision in SWS and AIDC Rates on Gold & Silver 

The notification revises the Social Welfare Surcharge (SWS) and Agriculture Infrastructure and Development Cess (AIDC) applicable on specified precious metal imports and related goods. It expand the coverage of tariff headings under Notification 11/2018 by including tariff headings 7107, 7109, 7111, and 7112 along with heading 7108. It also amends Notification 11/2021, for entries relating to gold, silver, platinum, spent catalyst or ash containing precious metals, jewellery findings. It revise the applicable AIDC rates to 4.35%, 5%, or 5.4% depending upon the nature of goods. 

(Link: Customs Notification 16/2026 (T) Dated 12/05/2026)

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