Ministry of Finance TheDollarBusiness

Tariff Value Of Specified Goods Further Revised

Dated January 30, 2015 | Notification No. 15/2015 - Customs (N. T.) | S.O. … (E).– 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 681
2 1511 90 10 RBD Palm Oil 707
3 1511 90 90 Others – Palm Oil 694
4 1511 10 00 Crude Palmolein 724
5 1511 90 20 RBD Palmolein 727
6 1511 90 90 Others – Palmolein 726
7 1507 10 00 Crude Soya bean Oil 864
8 7404 00 22 Brass Scrap (all grades) 3537
9 1207 91 00 Poppy seeds 3747

    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 412 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 568 per kilogram

    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 2183”

[F. No. 467/01/2014-Cus-V Pt.I]

 

(SATYAJIT MOHANTY)

Director (ICD) 

Note: -  The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd August, 2001, vide number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 10/2015-Customs (N.T.), dated the 15th January, 2015, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 168 (E), dated the 15th January, 2015.   Source: CBEC Original release

The Dollar Business Bureau - Jan 30, 2015 12:00 IST