Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg - 66/2018 - Customs - Non Tariff
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Tariff value fixation establishes benchmark import values for selected commodities affecting customs valuation and import clearance. The Central Board of Indirect Taxes & Customs amends the principal customs notification by substituting TABLEs 1-3 to fix tariff values in US dollars per metric tonne or per unit for specified imports. The substituted tables set commodity-specific benchmark import values for edible oils, brass scrap, poppy seeds, areca nuts, and unit values for gold and silver where specified concessional entries are availed, making these benchmarks the operative reference for customs valuation at import clearance.
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 establishes benchmark import values for selected commodities affecting customs valuation and import clearance.
The Central Board of Indirect Taxes & Customs amends the principal customs notification by substituting TABLEs 1-3 to fix tariff values in US dollars per metric tonne or per unit for specified imports. The substituted tables set commodity-specific benchmark import values for edible oils, brass scrap, poppy seeds, areca nuts, and unit values for gold and silver where specified concessional entries are availed, making these benchmarks the operative reference for customs valuation at import clearance.
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