Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver. - 32/2018 - Customs - Non Tariff
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Fixation of tariff values establishes updated customs valuation for specified commodities affecting import duty calculation and compliance. The Central Board of Excise & Customs, invoking Section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting TABLE 1, TABLE 2 and TABLE 3 to fix tariff values in US dollars for specified imported goods. The substituted tables establish unit tariff values for edible oils (including crude and refined palm and palmolein, and crude soybean oil), brass scrap, poppy seeds, gold and silver where certain notification entries' benefits are availed, and areca nut, for customs valuation purposes.
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Fixation of tariff values establishes updated customs valuation for specified commodities affecting import duty calculation and compliance.
The Central Board of Excise & Customs, invoking Section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting TABLE 1, TABLE 2 and TABLE 3 to fix tariff values in US dollars for specified imported goods. The substituted tables establish unit tariff values for edible oils (including crude and refined palm and palmolein, and crude soybean oil), brass scrap, poppy seeds, gold and silver where certain notification entries' benefits are availed, and areca nut, for customs valuation purposes.
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