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CBEC issues tariff notification dt. 29.09.2017 for Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

NOTIFICATION

New Delhi, the 29th September, 2017

No. 93/2017-CUSTOMS (N.T.)

S.O. 3205(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 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 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/subheading/tariff item Description of goods Tariff value (US $Per Metric Tonne)
(1) (2) (3) (4)
1. 1511 10 00 Crude Palm Oil 743
2. 1511 90 00 RBD Palm Oil 780
3. 1511 90 90 Others – Palm Oil 762
4. 1511 10 00 Crude Palmolein 785
5. 1511 90 20 RBD Palmolein 788
6. 1511 90 90 Others – Palmolein 787
7. 1507 10 00 Crude Soya bean Oil 851
8. 7404 00 22 Brass Scrap (all grades) 3602
9. 1207 10 00 Poppy seeds 2485

TABLE-2

Sl. No. Chapter/ heading/ subheading/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 413 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 541 per kilogram

TABLE-3

Sl. No Chapter/ heading/ subheading/tariff item Description of goods Tariff value (US $ Per Metric Tonne )
(1) (2) (3) (4)
1 080280 Areca nuts 38.58”

[F. No. 467/01/2017 -Cus-V]

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. 87/2017-Customs (N.T.), dated the 15th September, 2017, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 3061(E), dated 15th September, 2017.

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