Central Board of Excise and Customs (CBEC), Department of Revenue, Ministry of Finance has issued a Notification No.24/2012-Customs (N.T.) dated March 22, 2012 and thereby notifying change in tariff value of Gold as shown in the tables below:
“TABLE-1
S. No. |
Chapter/ heading/ sub-heading/tariff item |
Description of goods |
Tariff value US $ (Per MetricTonne) |
(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) |
4214 (i.e. no change) |
9 |
1207 91 00 |
Poppy seeds |
2439 (i.e. no change) |
TABLE-2
S. No. |
Chapter/ heading/ sub-heading/tariff item |
Description of goods |
Tariff value (US $) |
(1) |
(2) |
(3) |
(4) |
1 |
71 |
Gold, in any form in respect of which the benefit of entry at Sr. No. 321 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed |
530 per 10 grams |
2 |
71 |
Silver, in any form in respect of which the benefit of entry at Sr. No. 322 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed |
1036 per kilogram (i.e. no change)” |