Tariff value fixation establishes revised customs valuation for palm and soybean oils via substitution of the tariff table. Pursuant to powers under Section 14(2) of the Customs Act, 1962, the Board amends notification No. 36/2001-Cus. (N.T.) by substituting the existing Table with a new Table that sets revised tariff values in US dollars per metric tonne for specified palm oil products and for crude soybean oil, thereby establishing the customs valuation reference for those imports.
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Tariff value fixation establishes revised customs valuation for palm and soybean oils via substitution of the tariff table.
Pursuant to powers under Section 14(2) of the Customs Act, 1962, the Board amends notification No. 36/2001-Cus. (N.T.) by substituting the existing Table with a new Table that sets revised tariff values in US dollars per metric tonne for specified palm oil products and for crude soybean oil, thereby establishing the customs valuation reference for those imports.
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