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Tariff Notification No. 29/2021-Customs (N.T.) in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver 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, b
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FAQ :
The notification amends the tariff values for certain goods, including edible oils, brass scrap, areca nut, gold, and silver, for customs assessment purposes.
The tariff values for Crude Palm Oil, RBD Palm Oil, other Palm Oils, Crude Palmolein, RBD Palmolein, other Palmoleins, and Crude Soya bean Oil have been amended.
The tariff value for gold is US $549 per 10 grams, and for silver, it is US $821 per kilogram, with specific conditions applying to different forms and import methods.
Yes, the tariff value for Brass Scrap (all grades) has been amended to US $5201 per Metric Tonne.
The tariff value for Areca Nuts has been set at US $4284 per Metric Tonne.
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