Tariff value fixation set for edible oils, brass, areca nut, gold and silver, altering import valuation under customs rules. The Central Board amends Notification No. 36/2001-Customs (N.T.) by substituting Tables 1-3 to fix US dollar tariff values for specified imported goods: listed edible oils and brass scrap by value per metric tonne; specified categories of gold and silver by unit values with defined exclusions and explanations; and areca nut. The substituted tables govern import valuation under the Customs Act and the amendment takes effect from 16th November, 2022.
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Tariff value fixation set for edible oils, brass, areca nut, gold and silver, altering import valuation under customs rules.
The Central Board amends Notification No. 36/2001-Customs (N.T.) by substituting Tables 1-3 to fix US dollar tariff values for specified imported goods: listed edible oils and brass scrap by value per metric tonne; specified categories of gold and silver by unit values with defined exclusions and explanations; and areca nut. The substituted tables govern import valuation under the Customs Act and the amendment takes effect from 16th November, 2022.
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