Tariff value fixation sets import valuation for edible oils, brass scrap, areca nut, gold and silver under customs rules. Pursuant to delegated statutory power, the Central Board of Indirect Taxes and Customs substitutes TABLE 1, TABLE 2 and TABLE 3 in the principal customs notification to fix tariff values in US dollars for specified edible oils, brass scrap and areca nut per metric tonne, and to prescribe unit tariff values for specified categories of gold and silver and related articles, thereby providing the operative valuation figures to be applied under the customs valuation framework.
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 sets import valuation for edible oils, brass scrap, areca nut, gold and silver under customs rules.
Pursuant to delegated statutory power, the Central Board of Indirect Taxes and Customs substitutes TABLE 1, TABLE 2 and TABLE 3 in the principal customs notification to fix tariff values in US dollars for specified edible oils, brass scrap and areca nut per metric tonne, and to prescribe unit tariff values for specified categories of gold and silver and related articles, thereby providing the operative valuation figures to be applied under the customs valuation framework.
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