Tariff valuation revised: customs authority substitutes specified tariff values for listed imported goods, modifying valuation application under statutory power. The Central Board of Excise & Customs, under sub-section (2) of section 14 of the Customs Act, 1962, hereby substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal notification with new tables that fix specified tariff values in US dollars for listed goods (including specified edible oils, metals, seeds, areca nuts, and specified gold and silver entries) to be applied for customs valuation and assessment.
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Tariff valuation revised: customs authority substitutes specified tariff values for listed imported goods, modifying valuation application under statutory power.
The Central Board of Excise & Customs, under sub-section (2) of section 14 of the Customs Act, 1962, hereby substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal notification with new tables that fix specified tariff values in US dollars for listed goods (including specified edible oils, metals, seeds, areca nuts, and specified gold and silver entries) to be applied for customs valuation and assessment.
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