Tariff value fixation updated for specified imported commodities, substituting prescribed tables to guide customs valuation. The Central Board, 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 to fix prescribed tariff values in US dollars for specified imported commodities, including edible oils, brass scrap, poppy seeds, gold and silver (when certain notification entries are availed), and areca nuts, for application in customs valuation and related administration.
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Tariff value fixation updated for specified imported commodities, substituting prescribed tables to guide customs valuation.
The Central Board, 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 to fix prescribed tariff values in US dollars for specified imported commodities, including edible oils, brass scrap, poppy seeds, gold and silver (when certain notification entries are availed), and areca nuts, for application in customs valuation and related administration.
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