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

By | April 29, 2017
(Last Updated On: April 29, 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 3rdAugust, 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 Oil702
21511 90 10RBD Palm Oil722
31511 90 90Others – Palm Oil712
41511 10 00Crude Palmolein738
51511 90 20RBD Palmolein741
61511 90 90Others – Palmolein740
71507 10 00Crude Soya bean Oil780
87404 00 22Brass Scrap (all grades)3199
91207 91 00Poppy seeds2510

TABLE-2

Sl. No.Chapter/ heading/ sub-heading/tariff item 

Description of goods

Tariff value

(US $)

(1)(2)(3)(4)
 

 

1

71 or 98Gold, in any form, in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed410 per 10 grams
 

 

2

71 or 98Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed568 per kilogram

TABLE-3

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

(US $ Per Metric Tonne )

(1)(2)(3)(4)
1080280Areca nuts2682

 

Source Ministry of Finance 28-April, 2017

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