Tariff Value Rises on Silver
$46; Palmolein $33; RBD Palm Oil $34; Crude Palm Oil
$8; Other Palm Oil $21; Brass Scrap $5
[Customs Notification No. 60 (Non Tariff)
dated 29th April 2016]
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 |
755 |
|
2 |
1511 90 10 |
RBD Palm Oil |
788 |
|
3 |
1511 90 90 |
Others Palm Oil |
772 |
|
4 |
1511 10 00 |
Crude Palmolein |
792 |
|
5 |
1511 90 20 |
RBD Palmolein |
795 |
|
6 |
1511 90 90 |
Others Palmolein |
794 |
|
7 |
1507 10 00 |
Crude Soya bean Oil |
805 |
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
2969 |
|
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 |
408 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 |
566 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 |
2617 |
[F. No. 467/01/2016 -Cus-V]