Tariff value fixation amended to substitute the customs tariff-value table and prescribe updated commodity benchmarks. The notification amends the tariff-value regime under section 14(2) of the Customs Act by substituting the Table in Notification No. 36/2001-Cus (N.T.) with a new Table that prescribes tariff values (US$ per metric tonne) for specified goods including various palm oils, crude soyabean oil, brass scrap (all grades), and poppy seeds, indicating which entries remain unchanged and thereby establishing the tariff-value benchmarks for customs valuation and related non-tariff purposes.
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Tariff value fixation amended to substitute the customs tariff-value table and prescribe updated commodity benchmarks.
The notification amends the tariff-value regime under section 14(2) of the Customs Act by substituting the Table in Notification No. 36/2001-Cus (N.T.) with a new Table that prescribes tariff values (US$ per metric tonne) for specified goods including various palm oils, crude soyabean oil, brass scrap (all grades), and poppy seeds, indicating which entries remain unchanged and thereby establishing the tariff-value benchmarks for customs valuation and related non-tariff purposes.
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