Edible Oils see one another Raise of US$50 per MT

January 15, 2021 News Desk Agriculture & Commodities 0

Jan 15: Central Board of Indirect Taxes & Customs makes the following amendments in the notification related to the tariffs for Edible oils, gold, and other mineral imports.

Edible Oils

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $Per Metric Tonne)
11511 10 00Crude Palm Oil1049
21511 90 10RBD Palm Oil1061
31511 90 90Others – Palm Oil1055
41511 10 00Crude Palmolein1064
51511 90 20RBD Palmolein1067
61511 90 90Others – Palmolein1066
71507 10 00Crude Soya bean Oil1165
87404 00 22Brass Scrap (all grades)4714
91207 91 00Poppy seeds3623

Precious Metals

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $)
1.71 or 98Gold, 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 availed593 per 10 grams
2.71 or 98Silver, 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 availed814 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 falling under sub-heading 7106 92; (ii) Medallions and silver coins having silvercontent 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 foreigncurrency coins, jewellery made of silver orarticles made of silver.814 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, courier 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.593 per 10 grams

Areca Nuts

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $ Per Metric Tonne)
1080280Areca nuts3695”
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