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MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi Notification No. 95/2021-CUSTOMS (N.T.) Dated: 30th November, 2021 S.O. 4912(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 th
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FAQ :
This notification updates the fixed tariff values for edible oils, brass scrap, areca nut, gold, and silver under the Customs Act, 1962.
The revised tariff values are effective from the 1st day of December, 2021.
The notification specifies tariff values for Crude Palm Oil, RBD Palm Oil, other Palm Oils, Crude Palmolein, RBD Palmolein, other Palmoleins, and Crude Soya bean Oil.
The tariff values for gold are set at US $575 per 10 grams, and for silver, they are US $750 per kilogram, with specific conditions for different forms and imports.
The tariff value for Areca nuts remains at US $5252 per Metric Tonne.
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Notification No : 95/2021-CUSTOMS (N.T.)Published in Custom
Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-nt2021/csnt95-2021.pdf