Tariff Value on
Gold and Silver Up by US$17 per 10 gms
and US$78 per kg
[Customs Notification No.
15 (Non Tariff) dated 29th February 2012]
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 and TABLE-2, the following Tables shall be substituted namely:-
|
“Table-1 |
|||
|
S. 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 |
447 (i.e. no change) |
|
2 |
1511 90 10 |
RBD Palm Oil |
476 (i.e. no change) |
|
3 |
1511 90 90 |
Others – Palm Oil |
462 (i.e. no change) |
|
4 |
1511 10 00 |
Crude Palmolein |
481 (i.e. no change) |
|
5 |
1511 90 20 |
RBD Palmolein |
484 (i.e. no change) |
|
6 |
1511 90 90 |
Others – Palmolein |
483 (i.e. no change) |
|
7 |
1507 10 00 |
Crude Soyabean Oil |
580 (i.e. no change) |
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
4143 |
|
9 |
1207 91 00 |
Poppy seeds |
2439 |
|
Table-2 |
|||
|
S. No. |
Chapter/ heading/
sub-heading/tariff item |
Description of goods |
Tariff value (US $) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
71 |
Gold, in any form in respect of which the benefit of Notification
No. 3/2012-Customs dated 16.01.2012 is availed |
573 per 10 grams |
|
2 |
71 |
Silver, in any form in respect of which the benefit of Notification
No. 3/2012-Customs dated 16.01.2012 is availed |
1145 per kilogram” |