Tariff value fixation sets new import valuation rates for gold and silver under specified notification entries. The Central Board of Excise & Customs, relying on Section 14(2) of the Customs Act, substitutes Table 2 of the earlier notification to prescribe tariff values applicable to gold and silver imports where benefit of specified notification entries is availed, thereby providing an administrative valuation schedule for customs assessment tied to those entry benefits.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff value fixation sets new import valuation rates for gold and silver under specified notification entries.
The Central Board of Excise & Customs, relying on Section 14(2) of the Customs Act, substitutes Table 2 of the earlier notification to prescribe tariff values applicable to gold and silver imports where benefit of specified notification entries is availed, thereby providing an administrative valuation schedule for customs assessment tied to those entry benefits.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
