Tariff value fixation under Customs Act section 14(2) updates reference import values for specified commodities. Exercise of power under section 14(2) of the Customs Act, 1962 to amend Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 with updated tariff values. TABLE-1 lists revised tariff values per metric tonne for specified edible oils, agricultural products and brass scrap; TABLE-2 sets unit tariff values for specified precious metals under the referenced notification entries; TABLE-3 prescribes the tariff value per metric tonne for areca nuts. The amendment is issued by the Central Board of Excise & Customs and references earlier amendments.
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Provisions expressly mentioned in the judgment/order text.
Tariff value fixation under Customs Act section 14(2) updates reference import values for specified commodities.
Exercise of power under section 14(2) of the Customs Act, 1962 to amend Notification No. 36/2001-Customs (N.T.) by substituting TABLE-1, TABLE-2 and TABLE-3 with updated tariff values. TABLE-1 lists revised tariff values per metric tonne for specified edible oils, agricultural products and brass scrap; TABLE-2 sets unit tariff values for specified precious metals under the referenced notification entries; TABLE-3 prescribes the tariff value per metric tonne for areca nuts. The amendment is issued by the Central Board of Excise & Customs and references earlier amendments.
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