Tariff Value of Gold and Silver, Crude Palm Oil, Palmolein,
Soyabean Oil; Brass Scrap and Poppy Seeds Released
[Notification
No. 61/2019- Customs (Non Tariff) dated 14th
August 2019]
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
further 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 |
527 |
|
|
2 |
1511 90 10 |
RBD Palm Oil |
557 |
|
|
3 |
1511 90 90 |
Others – Palm Oil |
542 |
|
|
4 |
1511 10 00 |
Crude Palmolein |
567 |
|
|
5 |
1511 90 20 |
RBD Palmolein |
570 |
|
|
6 |
1511 90 90 |
Others – Palmolein |
569 |
|
|
7 |
1507 10 00 |
Crude Soya bean Oil |
737 |
|
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
3471 |
|
|
9 |
1207 91 00 |
Poppy seeds |
3395
|
|
|
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 |
482 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 |
563 per kilogram (i.e.
no change) |
|
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; |
563 per kilogram |
|
|
|
(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. |
|
|
4. |
71 |
(i) Gold bars, other than tola bars,
bearing manufacturer’s or refiner’s engraved serial number and weight expressed
in metric units; |
482 per 10 grams |
|
|
|
(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. |
|
|
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 |
3915 |
[F. No. 467/01/2019 -Cus-V]