Tariff value fixation for specified edible oils, metals and areca nut updates customs import valuation from mid-January. The Central Board of Indirect Taxes & Customs, exercising powers under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal Customs (N.T.) notification to fix tariff values (US$ per metric tonne or per unit) for specified goods-including various palm and soybean oils, brass scrap, areca nut, and specified forms of gold and silver-and declares the amendment effective from 14 January 2023.
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 for specified edible oils, metals and areca nut updates customs import valuation from mid-January.
The Central Board of Indirect Taxes & Customs, exercising powers under section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal Customs (N.T.) notification to fix tariff values (US$ per metric tonne or per unit) for specified goods-including various palm and soybean oils, brass scrap, areca nut, and specified forms of gold and silver-and declares the amendment effective from 14 January 2023.
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