Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others

By | September 28, 2018
(Last Updated On: September 28, 2018)
Ministry of Finance

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 Indirect Taxes & Customs (), being satisfied that it is necessary and expedient so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rdAugust, 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 Oil549
21511 90 10RBD Palm Oil584
31511 90 90Others – Palm Oil567
41511 10 00Crude Palmolein594
51511 90 20RBD Palmolein597
61511 90 90Others – Palmolein596
71507 10 00Crude Soya bean Oil701
87404 00 22Brass Scrap (all grades)3626
91207 91 00Poppy seeds1894

 

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 availed381 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 availed465 per kilogram

 

TABLE-3

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

(US $ Per Metric Tonne)

(1)(2)(3)(4)
1080280Areca nuts3947”

Posted On: 28 SEP 2018 6:47PM by PIB Delhi

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