Tariff value fixation updated for edible oils, metals, areca nut, gold and silver; new customs values apply from the effective date. The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with updated US dollar-denominated tariff values for specified goods including edible oils, brass scrap, areca nut, and defined categories of gold and silver, with explanatory qualifications for particular entries; the amendment is administrative, alters the reference tariff values used for customs valuation, and takes effect on the stated commencement date.
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 updated for edible oils, metals, areca nut, gold and silver; new customs values apply from the effective date.
The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, 1962, substitutes TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) with updated US dollar-denominated tariff values for specified goods including edible oils, brass scrap, areca nut, and defined categories of gold and silver, with explanatory qualifications for particular entries; the amendment is administrative, alters the reference tariff values used for customs valuation, and takes effect on the stated commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
