55/2013-Cus(NT),dated. 21-05-2013
 

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. 55/2013-CUSTOMS (N. T.)

New Delhi, the 21st  of May, 2013
31 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 831 (i.e. no change)
2 1511 90 10 RBD Palm Oil 836 (i.e. no change)
3 1511 90 90 Others – Palm Oil 834 (i.e. no change)
4 1511 10 00 Crude Palmolein 840 (i.e. no change)
5 1511 90 20 RBD Palmolein 843 (i.e. no change)
6 1511 90 90 Others – Palmolein 842 (i.e. no change)
7 1507 10 00 Crude Soyabean Oil 1075 (i.e. no change)
8 7404 00 22 Brass Scrap (all grades) 3910 (i.e. no change)
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 440 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 761 per kilogram (i.e. no change)”
 

 [F. No. 467/01/2013-Cus.V]
 
(S.C. Ganger)
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. 53/2013-Customs (N.T.) dated, the 15th May, 2013, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 1219  (E) dated, the 15th May, 2013.

Opinion

This Notification seeks to amend the notification no. 36/2001 - Customs (N.T.) dated 3rd August, 2001, wherein CBEC fixed the tariff values of specified imported goods. The changes are regarding following products:- Crude Palm Oil,  RBD Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (all grades) and Poppy seeds. This notification is also applied for 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 and 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