Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - 18/2020 - Customs - Non Tariff
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Tariff value fixation sets customs valuation benchmarks for specified imported commodities under relevant customs notification. The Central Board of Indirect Taxes and Customs, under 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 with new schedules that fix tariff values in US dollars for specified goods. The new tables set unit tariff values for specified edible oils (crude, RBD and others), palmolein variants, crude soybean oil, brass scrap, poppy seeds, areca nuts, and gold and silver in defined forms, including explanatory qualifications for certain precious metal entries.
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Tariff value fixation sets customs valuation benchmarks for specified imported commodities under relevant customs notification.
The Central Board of Indirect Taxes and Customs, under 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 with new schedules that fix tariff values in US dollars for specified goods. The new tables set unit tariff values for specified edible oils (crude, RBD and others), palmolein variants, crude soybean oil, brass scrap, poppy seeds, areca nuts, and gold and silver in defined forms, including explanatory qualifications for certain precious metal entries.
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