Ministry of Finance

Change in Tariff Value of Crude Palm Oil, RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold and Silver Notified

Posted On: 15 JAN 2018 6:50PM 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

 

 

 

Chapter/ heading/

 

Tariff value

Sl. No.

 

sub-heading/tariff

Description of goods

(US $Per Metric

 

 

item

 

 

Tonne)

(1)

 

(2)

 

 

(3)

(4)

 

 

 

 

 

 

 

1

 

1511 10 00

 

Crude Palm Oil

676

 

 

 

 

 

 

 

2

 

1511 90 10

 

RBD Palm Oil

682

 

 

 

 

 

 

 

3

 

1511 90 90

 

Others – Palm Oil

679

 

 

 

 

 

 

 

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

827

 

 

 

 

 

 

 

8

 

7404 00 22

 

Brass Scrap (all grades)

3817

 

 

 

 

 

 

 

9

 

1207 91 00

 

Poppy seeds

2667

 

 

 

 

 

 

 

 

 

 

 

 

TABLE-2

 

 

 

 

 

 

 

Sl.

Chapter/ heading/

 

 

Description of goods

Tariff value

No.

sub-heading/tariff

 

 

 

 

 

 

(US $)

 

 

item

 

 

 

 

 

 

 

 

 

(1)

(2)

 

 

(3)

(4)

 

 

 

 

 

 

1

 

 

 

Gold, in any form, in respect of which the

 

 

 

71 or 98

 

benefit of entries at serial number 356 and

427 per 10 grams

 

 

 

358 of the Notification No. 50/2017-Customs

 

 

 

 

 

 

 

 

 

 

dated 30.06.2017 is availed

 

2

 

 

 

Silver, in any form, in respect of which the

 

 

 

71 or 98

 

benefit of entries at serial number 357 and

551 per kilogram

 

 

 

359 of the Notification No. 50/2017-Customs

 

 

 

 

 

 

 

 

 

 

dated 30.06.2017 is availed

 

 

 

 

TABLE-3

 

Sl.

Chapter/ heading/

Description of goods

Tariff value

No.

sub-heading/tariff

 

 

(US $ Per Metric Tonne)

 

item

 

 

 

 

(1)

(2)

(3)

(4)

 

 

 

 

1

080280

Areca nuts

3948

 

*****

 

DSM/SBS/KA

 

 

 


(Release ID: 1516757)