Tariff value fixation prescribes declared import values for specified commodities, shaping customs valuation and benefit eligibility. Fixation of tariff values by amendment to the principal customs notification substitutes three tables prescribing declared tariff values for identified imports. The tables set US dollar per metric tonne values for crude and refined edible oils, brass scrap, poppy seeds, and areca nuts, and unit values for gold and silver where specified notification benefits are availed, to be applied in customs valuation and related import administration.
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Tariff value fixation prescribes declared import values for specified commodities, shaping customs valuation and benefit eligibility.
Fixation of tariff values by amendment to the principal customs notification substitutes three tables prescribing declared tariff values for identified imports. The tables set US dollar per metric tonne values for crude and refined edible oils, brass scrap, poppy seeds, and areca nuts, and unit values for gold and silver where specified notification benefits are availed, to be applied in customs valuation and related import administration.
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