Tariff valuation update under Customs Act replaces tariff values for specified imported goods, fixing new unit values. Amendment substitutes the prior TABLE-1 and TABLE-2 to set fixed tariff values in US dollars per metric tonne for listed commodities (various palm oils, palmolein, crude soybean oil, brass scrap, poppy seeds) and unit values for gold and silver when specified notification benefits are availed, exercising the Board's power under section 14(2) of the Customs Act to prescribe determinative import values for customs valuation purposes.
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Provisions expressly mentioned in the judgment/order text.
Tariff valuation update under Customs Act replaces tariff values for specified imported goods, fixing new unit values.
Amendment substitutes the prior TABLE-1 and TABLE-2 to set fixed tariff values in US dollars per metric tonne for listed commodities (various palm oils, palmolein, crude soybean oil, brass scrap, poppy seeds) and unit values for gold and silver when specified notification benefits are availed, exercising the Board's power under section 14(2) of the Customs Act to prescribe determinative import values for customs valuation purposes.
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