Tariff Value of Crude Palm Oil, RBD Palm Oil, others

By | November 1, 2016

Ministry of Finance

31-October, 2016

Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, others – Palm Oil, Crude Palmolein, RBD Palmolein, others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver notified.

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 (CBEC), 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 item Description of goods Tariff value

(US $Per Metric Tonne)

(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 723
2 1511 90 10 RBD Palm Oil 732
3 1511 90 90 Others – Palm Oil 728
4 1511 10 00 Crude Palmolein 737
5 1511 90 20 RBD Palmolein 740
6 1511 90 90 Others – Palmolein 739
7 1507 10 00 Crude Soya bean Oil 853
8 7404 00 22 Brass Scrap (all grades) 2971
9 1207 91 00 Poppy seeds 2533

 

TABLE-2

Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value

(US $)

(1) (2) (3) (4)
1 71 or 98 Gold, 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 availed 414 per 10 grams
2 71 or 98 Silver, 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 availed 577 per kilogram

TABLE-3

Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value

(US $ Per Metric Tonne )

(1) (2) (3) (4)
1 080280 Areca nuts 2621
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