Follow Us :

Tariff  Tariff Notification No. 78/2018-Cus (NT) dated 14.09.2018 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg. 

Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Indirect Taxes and Customs)

Notification No. 78/2018-CUSTOMS (N.T.)

New Delhi, 14th September, 2018

S.O. 4869(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 Indirect Taxes & Customs, being satisfied that it is necessary 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 notification, 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)
1 1511 10 00 Crude Palm Oil 572
2 1511 90 10 RBD Palm Oil 601
3 1511 90 90 Others – Palm Oil 587
4 1511 10 00 Crude Palmolein 606
5 1511 90 20 RBD Palmolein 609
6 1511 90 90 Others – Palmolein 608
7 1507 10 00 Crude Soya bean Oil 714
8 7404 00 22 Brass Scrap (all grades) 3565
9 1207 91 00 Poppy seeds 1894

TABLE-2

Sl.
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 356 and 358 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed 389 per 10 grams
2 71 or 98 Silver, in any form, in respect of which the benefit of entries at serial number 357 and 359 of the Notification No. 50/2017-Customs
dated 30.06.2017 is availed
459 per kilogram

TABLE-3

Sl.
No.
Chapter/ heading/
sub-heading/tariff
item
Description of goods Tariff value

(US $ Per Metric Tonne)

(1) (2) (3) (4)
1 080280 Areca nuts 3947”

[F. No. 467/01/2018 -Cus-V]

(Gunjan Kumar Verma)

Under Secretary to the Govt. of India

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. 76/2018-Customs (N.T.), dated the 31st August, 2018, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 4236(E), dated 31st August, 2018.

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930