CUS NTF NO. 34/2023 (NT) DATE 15/05/2023
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.
S.O. … (E).– 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 Indirect Taxes & Customs, being
satisfied that it is necessary and expedient to do so, hereby makes the following amendments in
the notification of the Government of India in the 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, TABLE-2, and TABLE-3 the following Tables
shall be substituted, namely: -
“TABLE-1
|
Sl. No. |
Chapter/ heading/
sub-heading/tariff
item |
Description of goods |
Tariff value
(US $Per Metric
Tonne) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
1511 10 00 |
Crude Palm Oil |
988 |
|
2 |
1511 90 10 |
RBD Palm Oil |
1020 |
|
3 |
1511 90 90 |
Others – Palm Oil |
1004 |
|
4 |
1511 10 00 |
Crude Palmolein |
1030 |
|
5 |
1511 90 20 |
RBD Palmolein |
1033 |
|
6 |
1511 90 90 |
Others – Palmolein |
1032 |
|
7 |
1507 10 00 |
Crude Soya bean Oil |
983 |
|
8 |
1507 10 00 |
Crude Soya bean Oil |
5105 |
TABLE-2
|
Sl. 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 356 of
the Notification No. 50/2017-Customs
dated 30.06.2017 is availed |
650 per 10 grams |
|
2 |
71 or 98 |
Silver, in any form, in respect of which the
benefit of entries at serial number 357 of
the Notification No. 50/2017-Customs
dated 30.06.2017 is availed |
773 per kilogram |
|
3 |
71 |
(i) Silver, in any form, other than
medallions and silver coins having silver
content not below 99.9% or semi manufactured forms of silver falling under
sub-heading 7106 92;
(ii) Medallions and silver coins having
silver
content not below 99.9% or semi manufactured forms of silver falling under
sub-heading 7106 92, other than imports of
such goods through post, courier or
baggage.
Explanation. - For the purposes of this
entry, silver in any form shall not include
foreign
currency coins, jewellery made of silver or
articles made of silver. |
773 per kilogram |
|
4 |
71 |
(i) Gold bars, other than tola bars,
bearing manufacturer’s or refiner’s
engraved serial number and weight
expressed in metric units;
(ii) Gold coins having gold content not
below 99.5% and gold findings, other than
imports of such goods through post,
courier or baggage.
Explanation. - For the purposes of this
entry, “gold findings” means a small
component such as hook, clasp, clamp, pin,
catch, screw back used to hold the whole or
a part of a piece of Jewellery in place. |
650 per 10 grams |
TABLE-3
|
Sl. No. |
Chapter/ heading/
sub-heading/tariff
item |
Description of goods |
Tariff value
(US $ Per Metric Tonne) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
080280 |
Areca nuts |
10379 (i.e., no change)”
” |
2. This notification shall come into force with effect from the 16th day of May, 2023.
[F. No. 467/01/2023-Cus.V]
(R. Ananth)
Deputy Secretary to the Govt. of India
Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II,
Section-3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd
August, 2001, vide number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide
Notification No. 32/2023-Customs (N.T.), dated the 28th April, 2023, e-published in the Gazette
of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 1967(E), dated
28th April, 2023.