Tariff Notification in respect of Fixation of Tariff Value of Edible Oil, Brass, Poppy Seed, Areca Nut, Gold and Sliver

[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. 25/2016-CUSTOMS (N. T.)
 

New Delhi, 15th  February, 2016
26 Magha, 1937 (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 3rdAugust, 2001, namely:-

In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted namely:-

“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 621
2 1511 90 10 RBD Palm Oil 635
3 1511 90 90 Others –Palm Oil 628
4 1511 10 00 Crude Palmolein 642
5 1511 90 20 RBD Palmolein 645
6 1511 90 90 Others –Palmolein 644
7 1507 10 00 Crude Soya bean Oil 748
8 7404 00 22 Brass Scrap (all grades) 2930
9 1207 91 00 Poppy seeds 2464

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 403 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 510 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 2599”

[F. No. 467/01/2016 -Cus-V ]
(Kshitendra Verma)
Under Secretary to the Govt. 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 3rdAugust, 2001, vide number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 23/2016-Customs (N.T.), dated the 9th February, 2016, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 426(E), dated 9th February, 2016.