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        Customs

        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - 52/2020 - Customs - Non Tariff

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        Tariff value fixation for specified imported goods updates valuation rates affecting customs assessment and entry benefits. The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting three tables prescribing tariff values in US dollars per specified unit for listed import items, including edible oils, brass scrap, poppy seeds, areca nuts, and defined categories of gold and silver, to serve as valuation benchmarks for customs assessment and 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 for specified imported goods updates valuation rates affecting customs assessment and entry benefits.

                            The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001 Customs (N.T.) by substituting three tables prescribing tariff values in US dollars per specified unit for listed import items, including edible oils, brass scrap, poppy seeds, areca nuts, and defined categories of gold and silver, to serve as valuation benchmarks for customs assessment and entry benefits.


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