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Press Information Bureau
Government of India
Ministry of Finance
16-February-2012 13:49 IST
Change in Tariff Value of Brass Scrap (all Grades) and Poppy Seeds Notified
Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No.11/2012-Customs (N.T.) dated February 15, 2012 and thereby notifying change in tariff value of brass scrap (all grades) and poppy seeds 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) | 4176 |
9 | 1207 91 00 | Poppy seeds | 2439 |
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 (i.e. no change) |
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 (i.e. no change)” |
DSM/SS/GN
Tariff value change: brass scrap and poppy seeds updated while specified oils, gold and silver remain unchanged. Notification No.11/2012-Customs (N.T.) dated February 15, 2012 adjusts tariff values for import valuation by setting specific US dollar per metric tonne values for Brass Scrap (all grades) and Poppy Seeds, while the tariff values for listed palm and soyabean oil categories and certain precious metals are recorded as unchanged. of Press 'Enter' after typing page number.
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