Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg. - 34/2018 - Customs - Non Tariff
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Tariff value fixation for specified imported goods sets customs valuation standards and import duty calculation consequences. Under Section 14(2) of the Customs Act, the CBIC substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) to prescribe tariff values for specified imported goods, including several edible oils, brass scrap, poppy seeds, areca nuts (per metric tonne) and separate tariff values for gold and silver (per standard weight), establishing valuation benchmarks for customs purposes.
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Tariff value fixation for specified imported goods sets customs valuation standards and import duty calculation consequences.
Under Section 14(2) of the Customs Act, the CBIC substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) to prescribe tariff values for specified imported goods, including several edible oils, brass scrap, poppy seeds, areca nuts (per metric tonne) and separate tariff values for gold and silver (per standard weight), establishing valuation benchmarks for customs purposes.
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