Tariff Value of Crude and RBD
Palm Oil, Palmolein, Crude Soyabean
Oil, Brass Scrap; Gold and Silver; Arecanut and Poppy
Seeds Released
[Notification
No. 79/2019-Customs (N.T.) dated 31.10.2019]
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 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 |
560 |
|
2 |
1511 90
10 |
RBD
Palm Oil |
582 |
|
3 |
1511 90
90 |
Others
– Palm Oil |
571 |
|
4 |
1511 10
00 |
Crude Palmolein |
583 |
|
5 |
1511 90
20 |
RBD Palmolein |
586 |
|
6 |
1511 90
90 |
Others
– Palmolein |
585 |
|
7 |
1507 10
00 |
Crude
Soya bean Oil |
743 |
|
8 |
7404 00
22 |
Brass
Scrap (all grades) |
3454 |
|
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 |
480 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 |
579 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 |
579 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. |
480 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 |
3872” |
[F. No. 467/01/2019
-Cus-V]