Tariff value fixation sets prescribed import valuation rates for specified edible oils, metals, seeds and areca nut. Notification No. 142/2015 substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs (N.T.), prescribing specific tariff values for listed imports. The substituted tables set US dollar tariff values per metric tonne for edible oils, brass scrap, poppy seeds and areca nuts, and per unit tariff values for gold and silver when concession entries are availed, thereby providing fixed benchmarks for customs import valuation.
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Tariff value fixation sets prescribed import valuation rates for specified edible oils, metals, seeds and areca nut.
Notification No. 142/2015 substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs (N.T.), prescribing specific tariff values for listed imports. The substituted tables set US dollar tariff values per metric tonne for edible oils, brass scrap, poppy seeds and areca nuts, and per unit tariff values for gold and silver when concession entries are availed, thereby providing fixed benchmarks for customs import valuation.
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