India’s Central Board of Customs & Excise has notified changes in the tariff value of various commodities, including crude palm oil, crude soybean oil, all grades of brass scrap, poppy seeds, areca nuts, gold and silver.
It said the following tables should be substituted for those in the original notification:
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 | 566 |
| 2 | 1511 90 10 | RBD Palm Oil | 586 |
| 3 | 1511 90 90 | Others – Palm Oil | 576 |
| 4 | 1511 10 00 | Crude Palmolein | 594 |
| 5 | 1511 90 20 | RBD Palmolein | 597 |
| 6 | 1511 90 90 | Others – Palmolein | 596 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 720 |
| 8 | 7404 00 22 | Brass Scrap (all grades) | 2821 |
| 9 | 1207 91 00 | Poppy seeds | 2593 |
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 | 362 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 | 443 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 | 2558” |
