Tariff value fixation for specified edible oils, metals and agricultural commodities updated, affecting import valuation procedures. The Central Board of Excise & Customs, exercising powers under the Customs Act, 1962, amends the principal customs notification by substituting TABLE-1, TABLE-2 and TABLE-3 to prescribe revised tariff values for specified tariff items. The substitution fixes unit tariff values for listed commodities - including crude palm oil and derivatives, crude soybean oil, brass scrap, poppy seeds, areca nuts, and specified gold and silver entries - to be applied for customs valuation and assessment under the notification framework.
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Tariff value fixation for specified edible oils, metals and agricultural commodities updated, affecting import valuation procedures.
The Central Board of Excise & Customs, exercising powers under the Customs Act, 1962, amends the principal customs notification by substituting TABLE-1, TABLE-2 and TABLE-3 to prescribe revised tariff values for specified tariff items. The substitution fixes unit tariff values for listed commodities - including crude palm oil and derivatives, crude soybean oil, brass scrap, poppy seeds, areca nuts, and specified gold and silver entries - to be applied for customs valuation and assessment under the notification framework.
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