Tariff value fixation for specified commodities under Customs Act updates import valuation rules and substitutes prior tables effective next day. The Central Board, under section 14(2) of the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal non tariff notification to specify tariff values for listed commodities - including crude and refined palm oils and palmoleins, crude soya bean oil, brass scrap, areca nuts, and specified forms of gold and silver - denominated in US dollars per metric tonne or per unit; most entries are indicated as unchanged, and the notification states its effective date and connection to the prior notification framework.
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Tariff value fixation for specified commodities under Customs Act updates import valuation rules and substitutes prior tables effective next day.
The Central Board, under section 14(2) of the Customs Act, substitutes TABLE 1, TABLE 2 and TABLE 3 of the principal non tariff notification to specify tariff values for listed commodities - including crude and refined palm oils and palmoleins, crude soya bean oil, brass scrap, areca nuts, and specified forms of gold and silver - denominated in US dollars per metric tonne or per unit; most entries are indicated as unchanged, and the notification states its effective date and connection to the prior notification framework.
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