Tariff value fixation updates import valuation tables to set fixed dollar values for specified oils, brass scrap and precious metals. Central Board of Excise & Customs, exercising powers under sub section (2) of Section 14 of the Customs Act, substitutes TABLE 1 and TABLE 2 of Notification No. 36/2001-Customs (N.T.) to fix tariff values in US dollars per metric tonne for specified vegetable oils, brass scrap, and poppy seeds, and to fix valuation units for gold and silver when certain notification benefits are availed, thereby updating the import valuation framework for those commodities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tariff value fixation updates import valuation tables to set fixed dollar values for specified oils, brass scrap and precious metals.
Central Board of Excise & Customs, exercising powers under sub section (2) of Section 14 of the Customs Act, substitutes TABLE 1 and TABLE 2 of Notification No. 36/2001-Customs (N.T.) to fix tariff values in US dollars per metric tonne for specified vegetable oils, brass scrap, and poppy seeds, and to fix valuation units for gold and silver when certain notification benefits are availed, thereby updating the import valuation framework for those commodities.
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