Tariff Value of Gold Up by $30 per 10 grams
[Ref: No. 48/2012-CUSTOMS (N. T.) dated 7th of June, 2012
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, being satisfied that it is necessary and expedient so to
do, 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) |
4270(i.e. no change) |
|
9 |
1207 91 00 |
Poppy seeds |
3896(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 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 |
531 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 |
899 per
kilogram (i.e. no change)” |
[F. No. 467/01/2012-Cus.V Pt.I]