Tariff value revision updates import valuation for specified vegetable oils and brass scrap, altering customs valuation benchmarks. The Board, exercising powers under the Customs Act, substitutes the tariff-value table in the principal notification to prescribe updated US dollar per metric tonne tariff values for specified edible oils and brass scrap. The amendment replaces the prior table in Notification No.36/2001-Cus (N.T.) with a new table listing commodity descriptions and revised tariff values for the listed chapter headings and sub-headings, thereby updating the administrative benchmarks used for import valuation and customs assessment.
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Tariff value revision updates import valuation for specified vegetable oils and brass scrap, altering customs valuation benchmarks.
The Board, exercising powers under the Customs Act, substitutes the tariff-value table in the principal notification to prescribe updated US dollar per metric tonne tariff values for specified edible oils and brass scrap. The amendment replaces the prior table in Notification No.36/2001-Cus (N.T.) with a new table listing commodity descriptions and revised tariff values for the listed chapter headings and sub-headings, thereby updating the administrative benchmarks used for import valuation and customs assessment.
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