Change in Tariff Value of Gold Notified

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....hange in Tariff Value of Gold Notified <br>News and Press Release<br>Dated:- 31-5-2013<br><BR>In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the ....

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....Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.) dated, the 3rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii) vide number S. O. 748 (E), dated the 3rd August, 2001, namely:- In the said notification, for TABLE-1 and TABLE-2, the following Tables shall be substituted namely:- "TABLE-1 S. No. Chapter/ heading/ sub-head....

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....ing/tariff item Description of goods Tariff value US $ (Per Metric Tonne) (1) (2) (3) (4) 1 1511 10 00 Crude Palm Oil 843 2 1511 90 10 RBD Palm Oil 854 3 1511 90 90 Others - Palm Oil 849 4 1511 10 00 Crude Palmolein 860 5 1511 90 20 RBD Palmolein 863 6 1511 90 90 Others - Palmolein 862 7 1507 10 00 Crude Soyabean Oil 1075 (i.e. no change) 8 7404 00 22 Brass S....

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....crap (all grades) 3859 9 1207 91 00 Poppy seeds 4395 (i.e. no change) TABLE-2 S. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value (US $) (1) (2) (3) (4) 1 71 or 98 Gold, in any form in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed 459 per 10 grams 2 71 or 9....

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....8 Silver, in any form in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed 737 per kilogram" DSM/RS/ka (Release ID :96352)<BR> News - Press release - PIB....