Amends 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 - 102/2013 - Customs - Non Tariff
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Tariff values updated for specified imported commodities, replacing prior tables and fixing customs valuation benchmarks. Amendment under section 14(2) of the Customs Act substitutes TABLE-1, TABLE-2 and TABLE-3 in Notification No. 36/2001-Customs (N.T.) to fix tariff values for specified imported commodities. TABLE-1 lists US dollar per metric tonne values for edible oils and other goods; TABLE-2 sets benchmark values for gold and silver where certain notification benefits are availed; TABLE-3 records the tariff value for areca nuts unchanged. The substitution establishes regulatory valuation benchmarks for customs import valuation and related procedures.
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Provisions expressly mentioned in the judgment/order text.
Tariff values updated for specified imported commodities, replacing prior tables and fixing customs valuation benchmarks.
Amendment under section 14(2) of the Customs Act substitutes TABLE-1, TABLE-2 and TABLE-3 in Notification No. 36/2001-Customs (N.T.) to fix tariff values for specified imported commodities. TABLE-1 lists US dollar per metric tonne values for edible oils and other goods; TABLE-2 sets benchmark values for gold and silver where certain notification benefits are availed; TABLE-3 records the tariff value for areca nuts unchanged. The substitution establishes regulatory valuation benchmarks for customs import valuation and related procedures.
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