Tariff valuation update: Government substitutes tariff-value tables for specified imports, revising import valuation and compliance. The Central Board of Excise & Customs, exercising powers under the Customs Act, substitutes TABLE-1 and TABLE-2 of the principal notification to fix tariff values in US dollars for specified imports, including categories of palm oil and palmolein, crude soyabean oil, brass scrap, poppy seeds, and specified forms of gold and silver when specified notification benefits are availed.
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Tariff valuation update: Government substitutes tariff-value tables for specified imports, revising import valuation and compliance.
The Central Board of Excise & Customs, exercising powers under the Customs Act, substitutes TABLE-1 and TABLE-2 of the principal notification to fix tariff values in US dollars for specified imports, including categories of palm oil and palmolein, crude soyabean oil, brass scrap, poppy seeds, and specified forms of gold and silver when specified notification benefits are availed.
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