Fixation of tariff values for imports under Customs law updates valuation for oils, metals and areca nut. Fixation of tariff values by exercise of powers under section 14(2) of the Customs Act, 1962, substituting TABLE-1, TABLE-2 and TABLE-3 in the principal Customs (N.T.) notification to specify US dollar tariff values per metric tonne for edible oils, brass scrap and areca nut, and per weight unit for defined forms of gold and silver, with effectiveness from 1 June 2022.
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Provisions expressly mentioned in the judgment/order text.
Fixation of tariff values for imports under Customs law updates valuation for oils, metals and areca nut.
Fixation of tariff values by exercise of powers under section 14(2) of the Customs Act, 1962, substituting TABLE-1, TABLE-2 and TABLE-3 in the principal Customs (N.T.) notification to specify US dollar tariff values per metric tonne for edible oils, brass scrap and areca nut, and per weight unit for defined forms of gold and silver, with effectiveness from 1 June 2022.
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