Tariff value fixation updated for specified edible oils, brass scrap, gold, silver and areca nut, altering import valuation consequences. The Central Board of Indirect Taxes & Customs amends the non-tariff notification under section 14(2) of the Customs Act by substituting revised Tables that fix US-dollar tariff values for specified imports: edible oils (various palm and soybean oils), brass scrap (all grades), and areca nut by weight, and by specifying unit tariff values for gold and silver in defined forms; the amendment takes effect from the first day of July.
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Provisions expressly mentioned in the judgment/order text.
Tariff value fixation updated for specified edible oils, brass scrap, gold, silver and areca nut, altering import valuation consequences.
The Central Board of Indirect Taxes & Customs amends the non-tariff notification under section 14(2) of the Customs Act by substituting revised Tables that fix US-dollar tariff values for specified imports: edible oils (various palm and soybean oils), brass scrap (all grades), and areca nut by weight, and by specifying unit tariff values for gold and silver in defined forms; the amendment takes effect from the first day of July.
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