Central Board of Indirect Taxes & Customs hereby makes the following amendments in the notification of the Government of India

Central Board of Indirect Taxes & Customs hereby makes the following amendments in the notification of the Government of India
Central Board of Indirect Taxes & Customs
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

NOTIFICATION

New Delhi, the 15th July, 2020
No. 57/2020-CUSTOMS (N.T.)

S.O. 2350(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:-

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    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

    622

    2

    1511 90 10

    RBD Palm Oil

    641

    3

    1511 90 90

    Others – Palm Oil

    632

    4

    1511 10 00

    Crude Palmolein

    647

    5

    1511 90 20

    RBD Palmolein

    650

    6

    1511 90 90

    Others – Palmolein

    649

    7

    1507 10 00

    Crude Soya bean Oil

    747

    8

    7404 00 22

    Brass Scrap (all grades)

    3561

    9

    1207 91 00

    Poppy seeds

    3623


    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 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed

    580 per 10 grams

    2.

    71 or 98

    Silver, 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

    609 per kilogram

    3.

    71

    (i) Silver, in any form, other than medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92;

    (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufactured 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.

    609 per kilogram

    4.

    71

    (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.

    580 per 10 grams


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      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

      3746”


      [F. No. 467/01/2020-Cus-V] 
      RADHAKRISHNAN ANANTH, Dy. Secy.

      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. 54/2020-Customs (N.T.), dated the 30th June, 2020, e- published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2154 (E), dated 30th June, 2020.


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