India Revises Tariff Values for Oils, Metals, and Seeds Under Customs Act with Notification No. 16/2013-Cus (N.T.)
The Government of India, Ministry of Finance, Department of Revenue, has issued Notification No. 16/2013-Cus (N.T.) amending Notification No. 36/2001-Customs (N.T.) dated August 3, 2001. The amendment involves the substitution of tariff values for certain goods, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, gold, and silver. The revised tariff values are specified in two tables, with values given in US dollars per metric tonne or per specified weight for gold and silver. This amendment is made under the authority of the Customs Act, 1962.
Full Summary is availble for active users!
Note: It is a system-generated summary and is for quick
reference only.