Press Information Bureau
Government of India
Ministry of Finance
21-March-2012 19:52 IST
Change in Tariff Value of Silver Notified
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 hereby makes the following amendment 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 and TABLE-2, the following Tables shall be substituted namely:-
“TABLE-1
|
S. 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
|
447 (i.e. no change)
|
|
2
|
1511 90 10
|
RBD Palm Oil
|
476 (i.e. no change)
|
|
3
|
1511 90 90
|
Others – Palm Oil
|
462 (i.e. no change)
|
|
4
|
1511 10 00
|
Crude Palmolein
|
481 (i.e. no change)
|
|
5
|
1511 90 20
|
RBD Palmolein
|
484 (i.e. no change)
|
|
6
|
1511 90 90
|
Others – Palmolein
|
483 (i.e. no change)
|
|
7
|
1507 10 00
|
Crude Soyabean Oil
|
580 (i.e. no change)
|
|
8
|
7404 00 22
|
Brass Scrap (all grades)
|
4214 (i.e. no change)
|
|
9
|
1207 91 00
|
Poppy seeds
|
2439 (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
|
Gold, in any form in respect of which the benefit of entry at Sr. No. 321 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed
|
573 per 10 grams (i.e. no change)
|
|
2
|
71
|
Silver, in any form in respect of which the benefit of entry at Sr. No. 322 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed
|
1036 per kilogram”
|
DSM/GN
