Notification No. 120/2017-Customs (N.T.)

Tariff Notification No. 120/2017-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver

Government of India
Ministry of Finance
(Department of Revenue)
(Central Board of Excise and Customs)
New Delhi

Notification No. 120/2017-Customs (N.T.)

Dated: December 29, 2017

S.O. 4105(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 Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment 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 (USD Per Metric Tonne)

(1)

(2)

(3)

(4)

1

1511 10 00

Crude Palm Oil

660

2

1511 90 10

RBD Palm Oil

694

3

1511 90 90

Others – Palm Oil

677

4

1511 10 00

Crude Palmolein

709

5

1511 90 20

RBD Palmolein

712

6

1511 90 90

Others – Palmolein

711

7

1507 10 00

Crude Soya bean Oil

813

8

7404 00 22

Brass Scrap (all grades)

3642

9

1207 91 00

Poppy seeds

2576

TABLE-2

Sl. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value (USD)

(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 30.06.2017is availed

415 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 30.06.2017is availed

539 per kilogram

TABLE-3

Sl. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value (USD Per Metric Tonne)

(1)

(2)

(3)

(4)

1

080280

Areca nuts

3948″

[F. No. 467/01/2017-Cus-V]

(Dr Sreeparvathy S L)
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. 116/2017-Customs (N.T.), dated the 15th December, 2017, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 3895(E), dated 15th December, 2017.

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