Tariff value fixation for imports updates valuation tables for edible oils, metals and areca nut, affecting customs assessment. The Board, invoking section 14(2) of the Customs Act, substitutes revised TABLE-1, TABLE-2 and TABLE-3 in Notification No. 36/2001-Customs (N.T.) to fix tariff values for specified imports including edible oils, brass scrap, areca nut, and specified forms of gold and silver, with valuation units identified per metric tonne, per kilogram, or per ten grams and limited explanatory scope for certain precious metal entries; the amendment takes effect from the stated effective date.
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Tariff value fixation for imports updates valuation tables for edible oils, metals and areca nut, affecting customs assessment.
The Board, invoking section 14(2) of the Customs Act, substitutes revised TABLE-1, TABLE-2 and TABLE-3 in Notification No. 36/2001-Customs (N.T.) to fix tariff values for specified imports including edible oils, brass scrap, areca nut, and specified forms of gold and silver, with valuation units identified per metric tonne, per kilogram, or per ten grams and limited explanatory scope for certain precious metal entries; the amendment takes effect from the stated effective date.
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