Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION3, SUB-SECTION (ii)]

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

Notification No. 03/2022-CUSTOMS (N.T.)

New Delhi, 14th January, 2022
24 PAUSHA 1943, (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 Indirect Taxes & Customs, being satisfied that it is necessary
and expedient to do so, 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
3
rd 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 goodsTariff value
(US $Per Metric
Tonne)
(1)(2)(3)(4)
11511 10 00Crude Palm Oil 1348
21511 90 10 RBD Palm Oil 1366
31511 90 90 Others – Palm Oil1357
41511 10 00Crude Palmolein1369
51511 90 20RBD Palmolein1372
61511 90 90Others – Palmolein1371
71507 10 00Crude Soya bean Oil1408
87404 00 22 Brass Scrap (all grades)5633

TABLE-2

Sl.
No.
Chapter/ heading/
sub-heading/tariff
item
Description of goodsTariff value
(US $)
(1)(2)(3)(4)
171 or 98Gold, 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
586 per 10 grams
271 or 98Silver, 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
757 per kilogram
371(i) Silver, in any form, other than
medallions and silver coins having silver
content not below 99.9% or semimanufactured forms of silver falling under
sub-heading 7106 92;
(ii) Medallions and silver coins having
silver
content not below 99.9% or semimanufactured 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
foreign
currency coins, jewellery made of silver or
articles made of silver.
757 per kilogram
471(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.
586 per 10 grams

TABLE-3

Sl.
No
Chapter/ heading/
sub-heading/tariff
item
Description of goodsTariff value
(US $ Per Metric Tonne)
(1)(2)(3)(4)
1080280Areca nuts4937 (i.e., no change)”

2. This notification shall come into force with effect from the 15th day of January, 2022.

[F. No. 467/01/2022-Cus-V]

 

(Bullo Mamu)
Under Secretary to the Govt. of Indi

Note: – The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section3, 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.
107/2021-Customs (N.T.), dated the 31st December, 2021, e-published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 5496 (E), dated 31st December,
2021.

 

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