Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver 

By | August 14, 2017
(Last Updated On: August 14, 2017)

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver 

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August, 2001, namely:-

In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted namely:-

“TABLE-1

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value

(US $Per Metric Tonne)

(1)(2)(3)(4)
11511 10 00Crude Palm Oil682
21511 90 10RBD Palm Oil693
31511 90 90Others – Palm Oil688
41511 10 00Crude Palmolein698
51511 90 20RBD Palmolein701
61511 90 90Others – Palmolein700
71507 10 00Crude Soya bean Oil818
87404 00 22Brass Scrap (all grades)3624
91207 91 00Poppy seeds2418

TABLE-2

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value

(US $)

(1)(2)(3)(4)
171 or 98Gold, in any form, in respect of which the benefit of entries at serial number 356 and 358 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed418 per 10 grams
271 or 98Silver, in any form, in respect of which the benefit of entries at serial number 357 and 359 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed555 per kilogram

TABLE-3

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value

(US $ Per Metric Tonne )

(1)(2)(3)(4)
1080280Areca nuts3858”

Ministry of Finance 14-August, 2017

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