42/2014-Cus(NT),dt. 15-05-2014
 

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

The tariff values of certain commodities are amended from time to time by issue of notification in the official gazette. This notification also seeks to amend the tariff values of various items. The tariff value of Gold has been increased from 422 per 10 gms to 424 per 10 gms and that of silver has been increased from 632 per Kg to 650 per Kg.  The comparative analysis of the changes are depicted in the table below:-

Table 1
S. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value USD (Per Metric Tonne)  
from 30.04.2014
Tariff value USD (Per Metric Tonne)  
from 15.05.2014
(1) (2) (3) (4) (5)
1 1511 10 00 Crude Palm Oil 920 905
2 1511 90 10 RBD Palm Oil 943 938
3 1511 90 90 Others - Palm Oil 932 922
4 1511 10 00 Crude Palmolein 961 946
5 1511 90 20 RBD Palmolein 964 949
6 1511 90 90 Others –Palmolein 963 948
7 1507 10 00 Crude Soyabean Oil 980 946
8 7404 00 22 Brass Scrap (all grades) 3871 3891
9 1207 91 00 Poppy seeds 3255 3255
Table 2
S. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value USD  
from 30.04.2014
Tariff value USD  
from 15.05.2014
 
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 422 per 10 grams 424 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 632 per kilogram 650 per kilogram
Table 3
S. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value USD (Per Metric Tons)  
from 30.04.2014
Tariff value USD (Per Metric Tons)  
from 15.05.2014
1 080280 Areca nuts 1908 1908

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