Tariff Value of Crude and RBD
Palm Oil, Palmolein, Crude Soyabean
Oil, Brass Scrap; Gold and Silver; Arecanut and Poppy
Seeds Released
[Notification
No. 86/2019-Customs (N.T.) dated 29.11.2019]
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 |
650 |
|
2 |
1511 90
10 |
RBD
Palm Oil |
683 |
|
3 |
1511 90
90 |
Others
– Palm Oil |
667 |
|
4 |
1511 10
00 |
Crude Palmolein |
687 |
|
5 |
1511 90
20 |
RBD Palmolein |
690 |
|
6 |
1511 90
90 |
Others
– Palmolein |
689 |
|
7 |
1507 10
00 |
Crude
Soya bean Oil |
769 |
|
8 |
7404 00
22 |
Brass
Scrap (all grades) |
3433 |
|
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 |
468 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 |
546 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 |
546 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. |
468 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]