26/2013-Cus(NT),dated 01-03-2013
 

Amendment in Tariff Values

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)]
Government of India
Ministry of Finance
(Department of Revenue)

(Central Board of Excise and Customs)

Notification No.26 /2013 - Customs (N. T.)

New Delhi, 1st March, 2013

10 Phalguna, 1934 (SAKA)

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 and TABLE-2, the following Tables shall be substituted namely:-
 

“TABLE-1

S. 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 849
2 1511 90 10 RBD Palm Oil 894
3 1511 90 90 Others – Palm Oil 872
4 1511 10 00 Crude Palmolein 911
5 1511 90 20 RBD Palmolein 914
6 1511 90 90 Others – Palmolein 913
7 1507 10 00 Crude Soyabean Oil 1202
8 7404 00 22 Brass Scrap (all grades) 4082
9 1207 91 00 Poppy seeds 4395
 
 
 

TABLE-2

S. 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 521 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 944 per kilogram ”
 
 

[F. No. 467/01/2013-Cus.V ]
 
(Abhinav Gupta)
Under Secretary to the Government 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. 21/2013-Customs (N.T.), dated the 15th February, 2013, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number  S. O. 375 (E) Dated, the 15th February, 2012.

Opinion

This notification seeks to amend the tariff value US $ per MT of Crude Palm Oil( from 848 to 849), RBD Palm Oil( from 896 to 894), Crude Palmolein (from 909 to 911), RBD Palmolein (from 912 to 914), Others – Palmolein( from 911 to 913), Crude Soyabean Oil ( from 1229 to 1202), Brass Scrap (all grades) (from 4074 to 4082) and also tariff value US $ of gold (from 535 to 521) and silver (from 1003 to 944).