Tariff value fixation updated: new customs tariff benchmarks set for specified imported goods to guide valuation. Exercising powers under Section 14(2) of the Customs Act, 1962, the Board substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with schedules fixing tariff value benchmarks in US dollars for specified tariff items. The substituted tables prescribe unit-based tariff values for listed goods, including vegetable oils, brass scrap, poppy seeds, areca nuts, and specified forms of precious metals, to be used for customs valuation.
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Tariff value fixation updated: new customs tariff benchmarks set for specified imported goods to guide valuation.
Exercising powers under Section 14(2) of the Customs Act, 1962, the Board substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with schedules fixing tariff value benchmarks in US dollars for specified tariff items. The substituted tables prescribe unit-based tariff values for listed goods, including vegetable oils, brass scrap, poppy seeds, areca nuts, and specified forms of precious metals, to be used for customs valuation.
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