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MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 15th September, 2020 No. 87/2000-CUSTOMS (N.T.) S.O. 3148(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 Ind
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FAQ :
This notification amends the tariff values for specific goods, including edible oils, brass scrap, poppy seeds, areca nut, gold, and silver, as per the Customs Act, 1962.
The notification affects edible oils, brass scrap, poppy seeds, areca nut, gold, and silver.
The notification was issued by the Central Board of Indirect Taxes & Customs (CBIC) under the Ministry of Finance.
This notification was issued on the 15th of September, 2020.
The specific new tariff values are detailed in the substituted TABLE-1, TABLE-2, and TABLE-3, which are available in the attached file for the notification.
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Source : https://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2020/cs-nt2020/csnt87-2020.pdf;jsessionid=4578EBE383A54784A1ABA234005167C9