Notification No. 120/2016-CUSTOMS (N.T.) Dated 15/09/2016
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver-
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 |
766 |
|
2 |
1511
90 10 |
RBD
Palm Oil |
780 |
|
3 |
1511
90 90 |
Others
– Palm
Oil |
773 |
|
4 |
1511
10 00 |
Crude
Palmolein |
793 |
|
5 |
1511
90 20 |
RBD
Palmolein |
796 |
|
6 |
1511
90 90 |
Others
–
Palmolein |
795 |
|
7 |
1507
10 00 |
Crude
Soya bean Oil |
817 |
|
8 |
7404
00 22 |
Brass
Scrap (all grades) |
3004 |
|
9 |
1207
91 00 |
Poppy
seeds |
2533 |
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 |
430
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 |
620
per kilogram |
TABLE-3
|
Sl.
No. |
Chapter/ heading/ sub-heading/tariff item |
Description
of goods |
Tariff value (US
$ Per Metric Tonne ) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
080280 |
Areca
nuts |
2623 |
[F. No. 467/01/2016 -Cus-V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
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. 118/2016-Customs (N.T.), dated the 31st August, 2016, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 2822(E), dated 31st August, 2016.