Tariff value fixation sets prescribed import valuation benchmarks for selected edible oils, metals, scrap, and areca nut under customs rules. The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, replaces TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) to prescribe tariff values in USD for specified imported goods-including edible oils, brass scrap, areca nut, gold and silver-detailing tariff items, descriptions, valuation units and amounts for import valuation, and provides that the amendment takes effect from the date stated in the notification.
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Tariff value fixation sets prescribed import valuation benchmarks for selected edible oils, metals, scrap, and areca nut under customs rules.
The Central Board of Indirect Taxes & Customs, invoking section 14(2) of the Customs Act, replaces TABLE-1, TABLE-2 and TABLE-3 of Notification No. 36/2001-Customs (N.T.) to prescribe tariff values in USD for specified imported goods-including edible oils, brass scrap, areca nut, gold and silver-detailing tariff items, descriptions, valuation units and amounts for import valuation, and provides that the amendment takes effect from the date stated in the notification.
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