Tariff value fixation for specified imported goods updated, substituting prior tables to set customs valuation benchmarks. The Central Board amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 with revised schedules that fix tariff values in US dollars for specified imported goods. TABLE-1 prescribes per-metric-tonne values for commodities such as palm oils, palmoleins, soya-bean oil, brass scrap and poppy seeds; TABLE-2 sets unit values for gold and silver in relation to specified notification benefits; and TABLE-3 fixes a per-metric-tonne value for areca nuts-thereby establishing benchmark unit values for customs valuation and related non-tariff purposes.
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Tariff value fixation for specified imported goods updated, substituting prior tables to set customs valuation benchmarks.
The Central Board amends Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 with revised schedules that fix tariff values in US dollars for specified imported goods. TABLE-1 prescribes per-metric-tonne values for commodities such as palm oils, palmoleins, soya-bean oil, brass scrap and poppy seeds; TABLE-2 sets unit values for gold and silver in relation to specified notification benefits; and TABLE-3 fixes a per-metric-tonne value for areca nuts-thereby establishing benchmark unit values for customs valuation and related non-tariff purposes.
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