Tariff value fixation: Amendment substitutes customs tariff tables for specified imported goods, updating rates and valuation coverage under the Act. Substitutes TABLE-1 and TABLE-2 of Notification No. 36/2001-Customs (N.T.) to set tariff values for specified imported goods, including palm oils and palmolein, crude soybean oil, brass scrap, poppy seeds, and gold and silver where certain notification benefits are availed, under the authority of section 14(2) of the Customs Act, 1962, thereby updating the benchmark import valuation framework for those commodities.
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Tariff value fixation: Amendment substitutes customs tariff tables for specified imported goods, updating rates and valuation coverage under the Act.
Substitutes TABLE-1 and TABLE-2 of Notification No. 36/2001-Customs (N.T.) to set tariff values for specified imported goods, including palm oils and palmolein, crude soybean oil, brass scrap, poppy seeds, and gold and silver where certain notification benefits are availed, under the authority of section 14(2) of the Customs Act, 1962, thereby updating the benchmark import valuation framework for those commodities.
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