Tariff Value Rises: Gold $17/10 gms;
Silver $56/kg; Brass Scrap $36/MT and Crude Soyabean
Oil $22/MT
Tariff Value Falls on Palm Oil and Palmolein by
$7/MTs
[Customs
Notification No. 48 (Non Tariff) dated 30th
June 2014]
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 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 |
854 |
|
2 |
1511 90 10 |
RBD Palm Oil |
888 |
|
3 |
1511 90 90 |
Others – Palm Oil |
871 |
|
4 |
1511 10 00 |
Crude Palmolein |
896 |
|
5 |
1511 90 20 |
RBD Palmolein |
899 |
|
6 |
1511 90 90 |
Others – Palmolein |
898 |
|
7 |
1507 10 00 |
Crude Soyabean
Oil |
960 |
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
3956 |
|
9 |
1207 91 00 |
Poppy seeds |
3255 |
|
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 |
428 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 |
688 per
kilogram |
|
Table-3 |
|||
|
Sl. No. |
Chapter/ heading/
sub-heading/tariff item |
Description of goods |
Tariff value (US $ Per
Metric Tons ) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
080280 |
Areca nuts |
1912” |
[F. No. 467/01/2014-Cus-5]