Change in Tariff Value of Gold Notified

Indian Military Veterans

Change in Tariff Value of Gold Notified 

            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 3^rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3^rd 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 (i.e. no change)
2	1511 90 10	RBD Palm Oil	674 (i.e. no change)
3	1511 90 90	Others – Palm Oil	662 (i.e. no change)
4	1511 10 00	Crude Palmolein	680 (i.e. no change)
5	1511 90 20	RBD Palmolein	683 (i.e. no change)
6	1511 90 90	Others – Palmolein	682 (i.e. no change)
7	1507 10 00	Crude Soya bean Oil	742 (i.e. no change)
8	7404 00 22	Brass Scrap (all grades)	3488 (i.e. no change)
9	1207 91 00	Poppy seeds	1913 (i.e. no change)

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 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed	354 per 10 grams
2	71 or 98	Silver, in any form, in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed	498 per kilogram  (i.e. no change)

TABLE-3

Sl. No.	Chapter/ heading/ sub-heading/tariff item	Description of goods	Tariff value (US $ Per Metric Tons )
(1)	(2)	(3)	(4)
1	080280	Areca nuts	2268 (i.e. no change)

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MAM/KA

 

 

(Release ID :123654)