36/2001(NT) Date 03/08/2001.
Fix tariff values of the imported goods under Chapter or heading or sub-heading
No.15.11.
In exercise of the powers conferred by sub-section (2) of section 14 of the
Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it
is necessary and expedient so to do, hereby fixes the tariff values specified in
column (4) of the Table below, in respect of the imported goods of the
description specified in the corresponding entry in column (3) of the said Table
and falling under Chapter or heading or sub-heading No. of the First Schedule to
the Customs Tariff Act, 1975 (51 of 1975), as is specified in the corresponding
entry in column (2) of the said Table, having regard to the trend of the value
of such or like goods.
TABLE
| S.No. |
Chapter or Heading No. Or sub-heading No. |
Description of goods |
Tariff value (US $ per metric tonne) |
| (1) |
(2) |
(3) |
(4) |
| 1. |
15.11 |
Crude Palm Oil |
314 |
| 2. |
15.11 |
RBD Palm Oil |
341 |
| 3. |
15.11 |
RBD Palmolein |
349 |
| 4. |
15.11 |
Crude Palmolein |
334 |
| 5. |
74.04 |
Brass Scrap (all grades) |
1030 |
Explanation.- For the purposes of this notification, the rate of exchange
applicable for the purposes of conversion of tariff value shall be the rate
which is specified in the notification of the Government of India in the
Ministry of Finance (Department of Revenue) issued from time to time in exercise
of the powers under sub-clause (i) of clause (a) of sub-section (3) of section
14 of the Customs Act, 1962 (52 of 1962) and the relevant date for the
determination of the rate of exchange shall be the date of presentation of the
bill of entry under section 46 of the said Customs Act.