Tariff value fixation for imported commodities updated, specifying unit valuations and replacing prior customs valuation tables. The Central Board of Indirect Taxes & Customs amends the principal customs notification by substituting updated tariff value tables for edible oils, brass scrap, gold and silver, and areca nut, specifying unit valuation in US dollars per metric tonne or per unit weight, with explanatory qualifications for certain precious metal entries; the amendment is made under statutory authority and comes into force on the stated commencement date.
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Provisions expressly mentioned in the judgment/order text.
Tariff value fixation for imported commodities updated, specifying unit valuations and replacing prior customs valuation tables.
The Central Board of Indirect Taxes & Customs amends the principal customs notification by substituting updated tariff value tables for edible oils, brass scrap, gold and silver, and areca nut, specifying unit valuation in US dollars per metric tonne or per unit weight, with explanatory qualifications for certain precious metal entries; the amendment is made under statutory authority and comes into force on the stated commencement date.
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