Tariff Value Fixation: amended tables set import valuation benchmarks for edible oils, metals and areca nut, effective shortly. The Board, invoking sub section (2) of section 14 of the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal notification to fix tariff values in US dollars for specified imports. TABLE 1 lists tariff values for edible oils, brass scrap and areca nut; TABLE 2 prescribes unit values and scope for gold and silver in defined forms with explanatory exclusions; TABLE 3 covers areca nut. The tables replace prior entries and take effect from the notification's stated commencement date.
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Tariff Value Fixation: amended tables set import valuation benchmarks for edible oils, metals and areca nut, effective shortly.
The Board, invoking sub section (2) of section 14 of the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal notification to fix tariff values in US dollars for specified imports. TABLE 1 lists tariff values for edible oils, brass scrap and areca nut; TABLE 2 prescribes unit values and scope for gold and silver in defined forms with explanatory exclusions; TABLE 3 covers areca nut. The tables replace prior entries and take effect from the notification's stated commencement date.
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