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116/2017-Cus (NT),dt. 15.12.2017

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg
To view this notificayion,/click here

Opinion

This notification seeks to amend notification no. 36/2001 of Customs Act which states different tariff value for prescribed items. This notification seeks to replace existing notification no. with 83/2017 dated 31-08-2017 with new tariff value for edible oils, brass scrap, poppy seeds, areca nut, gold and silver.

TABLE-1

Sl. No Chapter/ heading/ sub-heading/tariff
item
 
Description Of goods Tariff value
US $Per Metric Tonne
NOW
Tariff value
US $Per Metric Tonne
EARLIER
1 15111000 Crude Palm Oil
 
678 703
2 15119010 RBD Palm Oil
 
720 742
3 15119090 Others -Palm Oil
 
699 723
4 15111000 Crude Palmolein
 
724 743
5 15119020 RBD Palmolein
 
727 746
6 15119090 Others -Palmolein
 
726 745
7 15071000 Crude Soya bean Oil
 
832 844
8 74040022 Brass Scrap (all grades)
 
3624 3677
9 12079100 Poppy seeds
 
2485 2576

 
 
 
TABLE-2

Sl. No. Chapter/ heading/ sub-heading/tariff item
 
Description of goods Tariff value
(US $)
EARLIER
Tariff value
(US $)
NOW
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 413 per 10 gms  403 per 10 gms
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 544 per kilogram 516 per kilogram

 
TABLE-3

Sl. No. Chapter/ heading/ sub-heading/tariff item
 
Description of goods Tariff value
(US $Per Metric Tonne)
EARLIER
Tariff value
(US $Per Metric   Tonne)
NOW
1. 080280 Areca nuts 3858 3948
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PRADEEP JAIN, F.C.A.

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E-mail :pradeep@capradeepjain.com