Tariff Value
of Palm Oil, Palmolein, Crude Soyabean Oil, Brass
Scrap; Gold and Silver; Areca nuts Released
[Notification
No. 64/2024-Customs (N.T.) dated 30 September 2024]
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 |
983 |
|
||||
|
2 |
1511
90 10 |
RBD
Palm Oil |
994 |
|
||||
|
3 |
1511
90 90 |
Others
– Palm Oil |
989 |
|
||||
|
4 |
1511
10 00 |
Crude
Palmolein |
999 |
|
||||
|
5 |
1511
90 20 |
RBD
Palmolein |
1002 |
|
||||
|
6 |
1511
90 90 |
Others
– Palmolein |
1001 |
|
||||
|
7 |
1507
10 00 |
Crude
Soya bean Oil |
1014 |
|
||||
|
8 |
7404 00 22 |
Brass Scrap (all grades) |
5300 |
|
||||
|
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 |
857
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 |
1038
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 semimanufactured 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. |
1038
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. |
857
per 10 grams |
|||||
|
Table-3 |
||||||||
|
Sl.No. |
Chapter/
heading/ sub-heading/tariff item |
Description
of goods |
Tariff
value (US $ Per Metric Ton) |
|||||
|
(1) |
(2) |
(3) |
(4) |
|||||
|
1 |
080280 |
Areca
nuts |
6868
(i.e., no change)” |
|||||
2. This notification shall come into force with
effect from the 01st
day of October, 2024.
[F. No.
467/01/2024-Cus.V]