Nov 30: The Central Board of Indirect Taxes & Customs has made the following amendments in the notification of the Government of India for Oils and Precious Metals
Sl. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value(US $Per Metric Tonne) |
1 | 1511 10 00 | Crude Palm Oil | 971 |
2 | 1511 90 10 | RBD Palm Oil | 977 |
3 | 1511 90 90 | Others – Palm Oil | 974 |
4 | 1511 10 00 | Crude Palmolein | 990 |
5 | 1511 90 20 | RBD Palmolein | 993 |
6 | 1511 90 90 | Others – Palmolein | 992 |
7 | 1507 10 00 | Crude Soya bean Oil | 1360 |
8 | 7404 00 22 | Brass Scrap (all grades) | 4800 |
Sl. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value(US $) |
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 | 565 per 10 grams |
2. | 71 or 98 | Silver, 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 | 699 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. | 699 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. | 565 per 10 grams |
Sl. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value(US $ Per Metric Tonne) |
1 | 080280 | Areca nuts | 7333 (i.e., no change)” |