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104/2013-Cus (N.T.) dt. 15/10/2013

Amendment Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)]
Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
Notification
No. 104/2013-CUSTOMS (N. T.)

 

New Delhi, 15th October, 2013

23 Asvin, 1935 (SAKA)

S.O. … (E).– 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, TABLE-2, and TABLE-3 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 811
2 1511 90 10 RBD Palm Oil 862
3 1511 90 90 Others – Palm Oil 837
4 1511 10 00 Crude Palmolein 866
5 1511 90 20 RBD Palmolein 869
6 1511 90 90 Others – Palmolein 868
7 1507 10 00 Crude Soyabean Oil 952
8 7404 00 22 Brass Scrap (all grades) 3933
9 1207 91 00 Poppy seeds 2556
 

Contd…2/…


 

-:2:-

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 418 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 699 per kilogram

TABLE-3

S. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value
(US $ Per Metric Tons )
(1) (2) (3) (4)
1 080280 Areca nuts 1707  ”

                                                [F. No. 467/01/2013-Cus.V Pt-I]

 
 

(M. Satish Kumar Reddy)
Director (ICD)

Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, 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. 102/2013-Customs (N.T.), dated the 30th September, 2013, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number  S. O ………(E) Dated, the 30th September, 2013.
 
 

Opinion

The Government prescribes the tariff value of certain items. This value of these items are very fluctuating. Hence the custom officers finds it difficult to value the same for export and import purpose. Hence the Government prescribes the value for certain period. Hence the goods are to be valued at such rates only.

This notification seeks to amend the notification no. 102/2013-Cus (N.T.) dt. 30/09/2013 whereby tariff value US $ are changed of variety of goods prescribed there under other than RBD Palm Oil and Poppy seeds. Tariff value of variety of goods are enhanced such as Crude Palm Oil from 809 to 811, Others – Palm Oil from 836 to 837, Brass Scrap (all grades) from 3860 to 3933 and tariff value of other variety of goods are declined such as Crude Palmolein from 883 to 866, RBD Palmolein from 886 to 869, Others – Palmolein from 885 to 868, Crude Soyabean Oil from 966 to 952, Gold from 436 to 418, Silver from 702 to 699 and also Areca nuts from 1870 to 1707. This rate should be applies from the effective date of notification issue.


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