Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
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Customs tariff values revised for edible oils, brass scrap, gold, silver and areca nuts under amended valuation tables.
Tariff values under the Customs Act are revised by substituting the existing tables for edible oils, brass scrap, gold, silver and areca nuts. The notification replaces Tables 1, 2 and 3 of the principal tariff-value notification and specifies the applicable customs tariff values for crude palm oil, RBD palm oil, other palm oil, crude palmolein, RBD palmolein, other palmolein, crude soya bean oil and brass scrap, with the listed values shown as unchanged. It also prescribes tariff values for gold and silver in specified forms, including gold and silver covered by the relevant customs benefit entries, silver in certain forms other than excluded items, and gold bars, gold coins and gold findings, with explanatory conditions for the scope of those entries.