TMI BlogTariff Notification No. 65/2020-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and SilverX X X X Extracts X X X X X X X X Extracts X X X X ..... Tariff Notification No. 65/2020-CUSTOMS (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - News and Press Release Dated:- 31-7-2020 - News - 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 neces ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sary and expedient so to do, 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 notificat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion, 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) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 1511 10 00 Crude Palm Oil 680 2 1511 90 10 RBD Palm Oil 701 3 1511 90 90 Others Palm Oil 691 4 1511 10 00 Crude Palmolein ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 707 5 1511 90 20 RBD Palmolein 710 6 1511 90 90 Others Palmolein 709 7 1507 10 00 Crude Soya bean Oil 803 8 7404 00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 22 Brass Scrap (all grades) 3717 9 1207 91 00 Poppy seeds 3623 TABLE-2 Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value (US $) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (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 630 per 10 grams 2. 71 or 98 Si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lver, 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 746 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 f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alling 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 arti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cles made of silver. 746 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, cour ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ier 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. 630 per 10 grams TABLE-3 Sl. No. Chapter/ heading/ sub-heading/tariff item Descri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ption of goods Tariff value (US $ Per Metric Tonne) (1) (2) (3) (4) 1 080280 Areca nuts 3746 Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. 62/2020-Customs (N.T.), dated the 27th July, 2020, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2448 (E), dated 27th July, 2020. - News - Pres ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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