Tariff value fixation updated under Customs Act powers, establishing revised valuation benchmarks for specified imported commodities. CBEC, exercising powers under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting TABLE 1, TABLE 2 and TABLE 3 with revised tariff value schedules. The new tables set fixed US dollar tariff values for specified imported goods-including edible oils, brass scrap, poppy seeds, areca nuts, and gold and silver where related notification benefits apply-to serve as customs valuation benchmarks.
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Tariff value fixation updated under Customs Act powers, establishing revised valuation benchmarks for specified imported commodities.
CBEC, exercising powers under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting TABLE 1, TABLE 2 and TABLE 3 with revised tariff value schedules. The new tables set fixed US dollar tariff values for specified imported goods-including edible oils, brass scrap, poppy seeds, areca nuts, and gold and silver where related notification benefits apply-to serve as customs valuation benchmarks.
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