Ministry of Finance

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

Posted On: 14 AUG 2017 5:26PM by PIB Delhi

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, 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

682

2

1511 90 10

RBD Palm Oil

693

3

1511 90 90

Others – Palm Oil

688

4

1511 10 00

Crude Palmolein

698

5

1511 90 20

RBD Palmolein

701

6

1511 90 90

Others – Palmolein

700

7

1507 10 00

Crude Soya bean Oil

818

8

7404 00 22

Brass Scrap (all grades)

3624

9

1207 91 00

Poppy seeds

2418

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 and 358 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed

418 per 10 grams

2

71 or 98

Silver, in any form, in respect of which the benefit of entries at serial number 357 and 359 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed

555 per kilogram 

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

3858”

 

 

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SBS/JKW


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