Tariff value fixation updated for specified imported commodities, affecting customs valuation and import assessment procedures. Amendment under section 14(2) of the Customs Act substitutes three tariff tables to fix tariff value for specified imported commodities - edible oils, brass scrap, areca nut, and specified forms of gold and silver - specifying units of valuation and replacing the corresponding tables in the principal notification, with effect from 1 June 2023.
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Provisions expressly mentioned in the judgment/order text.
Tariff value fixation updated for specified imported commodities, affecting customs valuation and import assessment procedures.
Amendment under section 14(2) of the Customs Act substitutes three tariff tables to fix tariff value for specified imported commodities - edible oils, brass scrap, areca nut, and specified forms of gold and silver - specifying units of valuation and replacing the corresponding tables in the principal notification, with effect from 1 June 2023.
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