Tariff Value of Palm Oil, Palmolein, Crude Soyabean Oil,
Brass Scrap; Gold and Silver; Areca nuts Released
[Notification No. 62/2022-Customs (N.T.) dated 15 July 2022]
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 |
1171 |
|
2 |
1511
90 10 |
RBD
Palm Oil |
1346 |
|
3 |
1511
90 90 |
Others
– Palm Oil |
1259 |
|
4 |
1511
10 00 |
Crude
Palmolein |
1358 |
|
5 |
1511
90 20 |
RBD
Palmolein |
1361 |
|
6 |
1511
90 90 |
Others
– Palmolein |
1360 |
|
7 |
1507
10 00 |
Crude
Soya bean Oil |
1460 |
|
8 |
7404
00 22 |
Brass
Scrap (all grades) |
4813 |
|
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 |
548 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 |
611 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. |
611 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. |
548 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 |
7065 (i.e.,
no change)” |
2. This notification shall come into
force with effect from the 16th day of July, 2022.
[F. No. 467/01/2022-Cus-V]