Notification No. 42/2012-Customs (N.T.) -Change in Tariff Value of Brass Scrap, Poppy Seeds, Gold and Silver Notified

The Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No. 42/2012-Customs (N.T.) dated May 15, 2012 and thereby notifying change in tariff value of Brass Scrap (all grades), Poppy Seeds, Gold  and Silver as shown in the tables below:

“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) 4362
9 1207 91 00 Poppy seeds 3680

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 507 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 920 per kilogram”

-www.pib.nic.in

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