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        Case ID :

        Change in the Tariff Values of Brass Scrap (all Grades), Poppy Seeds, Gold and Silver Notified.

        February 1, 2012

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        Press Information Bureau
        Government of India
        Ministry of Finance

        01-February-2012 15:50 IST

        Change in the Tariff Values of Brass Scrap (all Grades), Poppy Seeds, Gold and Silver Notified                     

         Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.10/2012-Customs (N.T.) dated January 31, 2012 notifying change in tariff values of brass scrap (all grades), poppy seeds, gold and silver as shown in the tables below. 

         

        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

        447 (i.e. no change)

        2

        1511 90 10

        RBD Palm Oil

        476 (i.e. no change)

        3

        1511 90 90

        Others – Palm Oil

        462 (i.e. no change)

        4

        1511 10 00

        Crude Palmolein

        481 (i.e. no change)

        5

        1511 90 20

        RBD Palmolein

        484 (i.e. no change)

        6

        1511 90 90

        Others – Palmolein

        483 (i.e. no change)

        7

        1507 10 00

        Crude Soyabean Oil

        580 (i.e. no change)

        8

        7404 00 22

        Brass Scrap (all grades)

        4078

        9

        1207 91 00

        Poppy seeds

        2205

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        TABLE-2

        S. No.

        Chapter/ heading/ sub-heading/tariff item

        Description of goods

        Tariff value

        (US $)

        (1)

        (2)

        (3)

        (4)

        1

        71

        Gold, in any form in respect of which the benefit of

         Notification No. 3/2012-Customs dated 16.01.2012

         is availed

        556 per 10 grams

        2

        71

        Silver, in any form in respect of which the benefit of

         Notification No. 3/2012-Customs dated 16.01.2012

         is availed

        1067 per kilogram

         

         

         

         

         

         

         

         

         

         

         

         

         

         

         

        DSM/GN

        Tariff value change for specific imported commodities notified; customs notification updates values for brass scrap, poppy seeds, gold and silver. The Central Board of Excise and Customs issued Notification No.10/2012-Customs (N.T.) dated January 31, 2012, formally notifying revised tariff values for specified imported goods. The notification records updated unit tariff values for brass scrap (all grades), poppy seeds, and for gold and silver where an associated customs benefit is availed, while most listed vegetable oil entries retain their prior values; the applicable unit figures are set out in the notification tables for customs valuation and assessment.
                          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 change for specific imported commodities notified; customs notification updates values for brass scrap, poppy seeds, gold and silver.

                                The Central Board of Excise and Customs issued Notification No.10/2012-Customs (N.T.) dated January 31, 2012, formally notifying revised tariff values for specified imported goods. The notification records updated unit tariff values for brass scrap (all grades), poppy seeds, and for gold and silver where an associated customs benefit is availed, while most listed vegetable oil entries retain their prior values; the applicable unit figures are set out in the notification tables for customs valuation and assessment.





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                                Topics

                                ActsIncome Tax
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