Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 6 2012 2012 (6) This

Change in Tariff Value of Brass Scrap (All Grades), Poppy Seeds, Gold and Silver Notified .

18-6-2012
  • Contents

Press Information Bureau
Government of India
Ministry of Finance

18-June-2012 12:35 IST

Change in Tariff Value of Brass Scrap (All Grades), Poppy Seeds, Gold and Silver Notified

 

The Central Board of Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, vide its Notification No. 50/2012-CUSTOMS (N.T.) dated 15th June,2012 ,has made 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 and thereby notifying changes in the tariff value of Brass Scrap (all grades), Poppy Seeds, Gold  and Silver as shown in the TABLE-1 and TABLE-2 below:

 

 “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)

4113

9

1207 91 00

Poppy seeds

5611

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

524 per 10 grams

2

71 or 98

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

938 per kilogram ”

DSM/SS/Hb

Quick Updates:Latest Updates