51/2013-Cus(NT),dt. 30-04-2013

 

Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

[TO BE PUBLISHED IN PART-II, SECTION-3, SUB-SECTION (ii) OF THE GAZETTE OF INDIA, EXTRAORDINARY]
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification
No. 51/2013-CUSTOMS (N. T.)

New Delhi, the 30th of April, 2013

10 Vaisakh, 1935 (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 824
2 1511 90 10 RBD Palm Oil 851
3 1511 90 90 Others – Palm Oil 838
4 1511 10 00 Crude Palmolein 858
5 1511 90 20 RBD Palmolein 861
6 1511 90 90 Others – Palmolein 860
7 1507 10 00 Crude Soyabean Oil 1103
8 7404 00 22 Brass Scrap (all grades) 3942
9 1207 91 00 Poppy seeds 4395 (i.e. no change)

 
 
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 477 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 788 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. 50/2013-Customs (N.T.) dated, the 26th April, 2013, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 1054 (E) dated, the 26th April, 2013.

Opinion

This notification seeks to change tariff values of Crude Palm Oil (from 827 to 824), RBD Palm Oil (from 857 to 851), Others -Palm Oil (from 842 to 838), Crude Palmolein (from 864 to 858), RBD Palmolein (from 867 to 861), Others Palmolein (866 to 860), Crude Soyabean Oil (from 1094 to 1103), Brass Scrap (from 3986 to 3942) Gold (from 472 to 477) and Silver (from 762 to 788).