Fixation of tariff values: notification substitutes prescribed import tariff values for specified commodities, altering import valuation benchmarks. Amendment under section 14(2) of the Customs Act substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) by providing revised tariff values (in US dollars per metric tonne or per specified unit) for specified imported goods, including palm oil and palmolein variants, crude soyabean oil, brass scrap, poppy seeds, areca nuts, and revised values for gold and silver where specified notification benefits are availed, to serve as the operative valuation benchmarks for customs purposes.
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Fixation of tariff values: notification substitutes prescribed import tariff values for specified commodities, altering import valuation benchmarks.
Amendment under section 14(2) of the Customs Act substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) by providing revised tariff values (in US dollars per metric tonne or per specified unit) for specified imported goods, including palm oil and palmolein variants, crude soyabean oil, brass scrap, poppy seeds, areca nuts, and revised values for gold and silver where specified notification benefits are availed, to serve as the operative valuation benchmarks for customs purposes.
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