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Home News News and Press Release Month 1 2012 2012 (1) This

Change in Tariff Value of Gold and Silver Notified.

18-1-2012
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Press Information Bureau
Government of India
Ministry of Finance

18-January-2012 16:53 IST

Change in Tariff Value of Gold and Silver Notified                    

 Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No.4/2012-Customs (N.T.) dated January 17, 2012 and thereby notifying tariff values of Gold and Silver as shown in the table below. 

 

 

“T A B L E”

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 Notification No.3/2012-Customs dated 16.01.2012 is availed

526 per 10 grams

2

71

Silver, in any form in respect of which the benefit of Notification No.3/2012-Customs dated 16.01.2012 is availed

953 per kilogram

DSM/SS/GN

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