Tariff value fixation governs import valuation for listed commodities; importers must apply notified customs values and guidance. Fixation of tariff values has been notified for specified imported commodities including edible oils, brass scrap, poppy seeds, areca nut, gold and silver; the notification fixes the tariff value applicable for customs valuation. The public notice transmits Ministry of Finance Notification No. 04/2017-Customs (N.T) dated 13.01.2017 for guidance and directs importers and agents to consult the official CBEC website for operative values and compliance instructions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff value fixation governs import valuation for listed commodities; importers must apply notified customs values and guidance.
Fixation of tariff values has been notified for specified imported commodities including edible oils, brass scrap, poppy seeds, areca nut, gold and silver; the notification fixes the tariff value applicable for customs valuation. The public notice transmits Ministry of Finance Notification No. 04/2017-Customs (N.T) dated 13.01.2017 for guidance and directs importers and agents to consult the official CBEC website for operative values and compliance instructions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
