Press Information Bureau
Government of India
Ministry of Finance
16-May-2012 15:14 IST
Change in Tariff Value of Brass Scrap, Poppy Seeds, Gold and Silver Notified
The Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No. 42/2012-Customs (N.T.) dated May 15, 2012 and thereby notifying change in tariff value of Brass Scrap (all grades), Poppy Seeds, Gold and Silver as shown in the tables 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)
|
4362
|
|
9
|
1207 91 00
|
Poppy seeds
|
3680
|
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
|
507 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
|
920 per kilogram”
|
DSM/SS/GN
9911796707
