Tariff Value of Crude and RBD Palm Oil,
Palmolein, Crude Soyabean Oil,
Brass Scrap; Gold and Silver; Arecanuts Released
[Customs Notification
No. 29-(Non-Tariff) dated 15 March 2021]
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 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 |
1071 |
|
2 |
1511 90 10 |
RBD Palm Oil |
1097 |
|
3 |
1511 90 90 |
Others – Palm Oil |
1084 |
|
4 |
1511 10 00 |
Crude Palmolein |
1103 |
|
5 |
1511 90 20 |
RBD Palmolein |
1106 |
|
6 |
1511 90 90 |
Others – Palmolein |
1105 |
|
7 |
1507 10 00 |
Crude Soya bean Oil |
1210 |
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
5201 |
|
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 |
549 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 |
821 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. |
821 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. |
549 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 |
4284 |
[F. No. 467/01/2021 -Cus-V]