Tariff Value of Palm Oil, Palmolein,
Crude Soyabean Oil, Brass Scrap; Gold and Silver; Areca nuts Released
[Notification
No. 11/2023-CUSTOMS (N.T.)
dated 28 February 2023]
S.O. … (E).– 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 to do so, 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 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 |
987 |
||||||
|
2 |
1511
90 10 |
RBD
Palm Oil |
1005 |
||||||
|
3 |
1511
90 90 |
Others
– Palm
Oil |
996 |
||||||
|
4 |
1511
10 00 |
Crude
Palmolein |
1011 |
||||||
|
5 |
1511
90 20 |
RBD
Palmolein |
1014 |
||||||
|
6 |
1511
90 90 |
Others
– Palmolein |
1013 |
||||||
|
7 |
1507
10 00 |
Crude
Soya bean Oil |
1234 |
||||||
|
8 |
7404
00 22 |
Brass
Scrap (all grades) |
5181 |
||||||
|
Table-2 |
|||||||||
|
Sl.No. |
Chapter/
heading/ sub-heading/ Tariff item |
Description of goods |
Tariff
value (US $) |
||||||
|
(1) |
(2) |
(3) |
(4) |
||||||
|
1 |
71 or 98 |
Gold,
in any form, in respect of which the benefit of entries at serial number 356
of the Notification No. 50/2017-Customs dated 30.06.2017 is availed |
586 per 10 grams |
||||||
|
2 |
71 or 98 |
Silver,
in any form, in respect of which the benefit of entries at serial number 357
of the Notification No. 50/2017-Customs dated 30.06.2017 is availed |
674 per kilogram |
||||||
|
3 |
71 |
(i) Silver, in any form, other than medallions and silver
coins having silver content not below 99.9% or semi-manufactured forms of
silver falling under sub-heading 7106 92; (ii)
Medallions and silver coins having Silver content
not below 99.9% or semi-manufactured forms of silver falling under
sub-heading 7106 92, other than imports of such goods through post, courier
or baggage. Explanation.
- For the purposes of this entry, silver in any form shall not include
foreign currency coins, jewellery made of silver or articles made of silver. |
674 per kilogram |
||||||
|
4 |
71 |
(i) Gold bars, other than tola bars, bearing manufacturer’s
or refiner’s engraved
serial number and weight expressed in metric units; (ii)
Gold coins having gold content not below 99.5% and gold findings, other than
imports of such goods through post, courier or baggage. Explanation.
- For the purposes of this entry,
“gold findings” means a small component
such as hook, clasp, clamp, pin, catch, screw back used to hold the whole or
a part of a piece of Jewellery in place. |
586 per 10 grams |
||||||
|
Table-3 |
|
||||||||
|
Sl.No. |
Chapter/
heading/ sub-heading/tariff item |
Description of
goods |
Tariff value
(US$ Per Metric Tonne) |
|
|||||
|
(1) |
(2) |
(3) |
(4) |
|
|||||
|
1 |
080280 |
Areca nuts |
14026 (i.i. no change)” |
|
|||||
2. This notification shall come into force with effect
from the 01st day of March, 2023.
[F. No. 467/01/2023-Cus-V]