Okay, here's a policy analysis report based solely on the provided text.
**Report on Customs Notification No. 12/2022-Customs (N.T.)**
**1. Executive Summary:**
This report analyzes Customs Notification No. 12/2022-Customs (N.T.), dated February 28, 2022. This notification amends a previous customs notification (No. 36/2001-Customs N.T.) by substituting the tariff values for various goods. The core purpose is to update the tariff values for imported goods like palm oil, soybean oil, brass scrap, gold and silver, and areca nuts, impacting importers and related businesses. The key finding is the adjustment of tariff values specified in US dollars per metric tonne or per kilogram for certain commodities.
**2. Introduction:**
This report provides an overview and analysis of Customs Notification No. 12/2022-Customs (N.T.) based solely on the information contained within the provided text. The purpose is to inform affected parties about the changes introduced by this notification.
**3. Policy Overview:**
* **Amendment:** This notification amends the original Notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Core Objective:** The core objective, inferred from the text, is to update tariff values for the purpose of determining customs duties on imported goods.
**4. Background and Rationale:**
The rationale for this amendment is likely due to fluctuations in market prices and the need to adjust tariff values to reflect current economic realities. The specific amendments suggest a need to update the valuation of imported palm oil, soybean oil, brass scrap, gold, silver, and areca nuts for customs duty assessment.
**5. Key Provisions / Changes:**
This notification *amends* the original policy by *substituting* TABLE1, TABLE2, and TABLE3 of the original notification with new tables. The following changes are introduced:
* **TABLE 1 Changes (Palm Oil, Soybean Oil, Brass Scrap):** This table lists specific goods, their chapter heading, and subheading/tariff item, along with a new tariff value in US dollars per metric tonne. For example, the tariff value for Crude Palm Oil (heading 1511 10 00) is set at $1377 per metric tonne. These values are different from what existed in the original TABLE1.
* **TABLE 2 Changes (Gold and Silver):** This table specifies tariff values for gold and silver in various forms, expressed in US dollars per 10 grams or per kilogram. The amendment also includes clarifications regarding the types of gold and silver covered (e.g., excluding foreign currency coins and jewelry made of silver). The tariff values for gold and silver, along with the stipulations on the form and purity of the precious metals, are updated.
* **TABLE 3 Changes (Areca Nuts):** This table specifies the tariff value for areca nuts in US dollars per metric tonne. The value of areca nuts has been changed to $5589 per metric tonne.
* **Effect of Changes:** These changes directly modify the amount of customs duty levied on the specified imported goods. An increase in the tariff value will lead to higher duties, and vice versa.
**6. Target Audience and Stakeholders:**
Based on the text, the directly affected parties and stakeholders are:
* Importers of palm oil, soybean oil, brass scrap, gold, silver, and areca nuts.
* Customs brokers and agents involved in import/export activities.
* Businesses that rely on these imported commodities (e.g., food processing, manufacturing).
* The Central Board of Indirect Taxes and Customs (CBIC) and other government agencies responsible for customs administration.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) is responsible for implementing and administering this notification.
* **Timeline:** The notification comes into effect on March 1, 2022.
* **Procedures:** Customs officials will use the updated tariff values in the amended tables to assess and collect customs duties on the specified imported goods.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these specific changes is to:
* Update the valuation of imported goods for customs duty assessment.
* Reflect current market prices in the determination of customs duties.
* Potentially impact the cost of imported goods for consumers and businesses.
* Affect government revenue from customs duties.
**9. Conclusion:**
Customs Notification No. 12/2022-Customs (N.T.) introduces significant changes to the tariff values for key imported commodities. The amendment, effective March 1, 2022, updates TABLE1, TABLE2, and TABLE3 of the original Notification No. 36/2001-Customs N.T., impacting importers, related industries, and government revenue. This report provides a detailed analysis of the notification based solely on the information contained within the provided text.
Key Entities Referenced
New Delhi: Location of the notification.
Ministry of Finance: The ministry under which the Department of Revenue falls.
Department of Revenue: A department of the Ministry of Finance.
Central Board of Indirect Taxes and Customs: An organization under the Department of Revenue, responsible for customs and indirect taxes.
Customs Act, 1962: The Act that confers powers to the Central Board of Indirect Taxes and Customs.
Government of India: The government issuing the notification.
Crude Palm Oil: A type of Palm Oil with a specified tariff value.
RBD Palm Oil: A type of Palm Oil with a specified tariff value.
Crude Palmolein: A type of Palmolein with a specified tariff value.
RBD Palmolein: A type of Palmolein with a specified tariff value.
Crude Soya bean Oil: A type of Soya bean Oil with a specified tariff value.
Brass Scrap: A type of metal scrap with a specified tariff value.
Gold: A precious metal whose import duty is being modified by the notification.
Notification No. 502017Customs dated 30.06.2017: A customs notification related to entries at serial number 356 of the document.
Silver: A precious metal whose import duty is being modified by the notification.
Areca nuts: A product whose import duty is being modified by the notification.
HARISH KUMAR: Under Secy, signatory of the notification
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एलxx.x-GअID.-E2x8xx0 22022-233775
CG-DL-E-28022022-233775
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 870] नई ददल्ली, सोमिार, फरिरी 28, 2022/फाल्ग नु 9, 1943
No. 870] NEW DELHI, MONDAY, FEBRUARY 28, 2022/PHALGUNA 9, 1943
जित्त मत्रं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोड)ड
अजधसचू ना
नई ददल्ली, 28 फरिरी, 2022
स.ं 12/2022-सीमा िल्ु क (ग.ैट.ै)
का.आ. 900(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत्त
िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात स े संतुष्ट होन ेपर दक ऐसा करना आिश्यक
एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग) की अजधसूचना सं. 36/2001-सीमा िुल्क (ग.ै
टै.), ददनांक 3 अगस्ट्त, 2001, जजसे का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत भारत के राजपत्र, असाधारण के
भाग-II, खंड-3, उपखंड (ii) म ें प्रकाजित दकया गया था, म ें जनम्नजलजखत सिं ोधन करता ह,ै अथाडत्:-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
जाएाँगी, अथाडत:्-
"सारणी-1
क्रम. स.ं अध य् ाय/िीर्ड/उपिीर्/ड टैररफ मूल य्
माल का जििरण
टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1377
2 1511 90 10 आर बी डी पॉम ऑयल 1420
1392 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन य् पॉम ऑयल 1399
4 1511 10 00 कच्चा पामोजलन 1426
5 1511 90 20 आर बी डी पामोलीन 1429
6 1511 90 90 अन्य पामोलीन 1428
7 1507 10 00 सोयाबीन का कच च् ा तेल 1475
8 7404 00 22 पीतल स क्र् ेप (सभी ग्रेड) 5821
सारणी-2
क्रम. स.ं अध य् ाय/िीर्ड/ टैररफ मूल् य
माल का जििरण
उपिीर्ड/ टैररफ मद (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना 607 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की प्रजिजष्ट
संख्या 356 के अंतगडत लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप म,ें जजसके सम्बन्ध म ेंअजधसूचना 788
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की प्रजिजष्ट प्रजत दकलोग्राम
संख्या 357 के अंतगडत लाभ प्राप्त दकया गया हो
(i) रजत, पदकीय या रजत जसक्कों से जभन्न दकसी भी रूप में,
जजसकी रजत अंतिडस्ट्तु 99.9 प्रजतित से कम नहीं है या उपिीर् ड
7106 92 के अधीन आन ेिाले रजत के अध डजिजनर्ममत प्ररूप;
(ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्तु 99.9 788 प्रजत दकलोग्राम
प्रजतित से कम नहीं ह ै या डाक, कुररयर या सामान के माध्यम
3 71
से ऐसे माल के आयात से जभन्न उपिीर्ड 7106 92 के अधीन
आन ेिाले रजत के अधड जिजनर्ममत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजनों के जलए, दकसी भी प्ररूप म ें
रजत के अंतगडत जिदिे ी मुद्रा के जसक्के, रजत स े बने आभूर्ण या
रजत से बनी िस्ट्तुएं नहीं ह।ैं
(i) स्ट्िणड बार, तोला बार से जभन्न, जजस पर जिजनमाडणकता ड या
ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक यूजनटों में भार
अजभव्यि ह;ै
(ii) स्ट्िणड जसक्के, जजसम ें 99.5 प्रजतित से अन्यून स्ट्िणड ह,ै और
स्ट्िणड प्राजप्तया,ं डाक, कुररयर या बैगेज के माध्यम से ऐसे माल के
4 71 607 प्रजत 10 ग्राम
आयात से जभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, "स्ट्िणड प्राजप्तया"ं स े
कोई छोटा संघटक, जैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच, स्ट्क्रू
बैक, जजसका उपयोग पूण ड आभूर्ण या उसके दकसी भाग को
स्ट्थान में जोड़े रखने के जलए दकया जाता है, अजभप्रेत ह।ै
सारणी-3
क्रम. स.ं अध य् ाय/िीर्ड/ टैररफ मूल् य
माल का जििरण
उपिीर्ड/ टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 5589 (अथाडत कोई पररितडन नहीं)”[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 3
2. यह अजधसूचना 01 माच,ड 2022 से प्रभािी होगी I
[फा. स.ं 467/01/2022-सीमा िुल्क –V]
हरीि कुमार, अिर सजचि
नोट : मूल अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खडं -3, उपखंड (ii) म ें अजधसूचना सं. 36/2001-सीमा
िुल क् (ग.ैटै.), ददनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी,
तथा यह अंजतम बार अजधसूचना स.ं 09/2022-सीमािुल्क (ग.ैटै.), ददनांक 15 फरिरी, 2022, जजसे का.आ. 690
(अ) ददनांक 15 फरिरी, 2022 के तहत भारत के राजपत्र, असाधारण के भाग-II, खंड-3, उपखडं (ii) म ें ई-
प्रकाजित दकया गया था, के द्वारा संिोजधत की गई थीI
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 28th February, 2022
No. 12/2022-CUSTOMS (N.T.)
S.O. 900(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 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
Chapter/ heading/
Tariff value
Sl. No. sub-heading/tariff Description of goods
(US $Per Metric Tonne)
item
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1377
2 1511 90 10 RBD Palm Oil 1420
3 1511 90 90 Others – Palm Oil 1399
4 1511 10 00 Crude Palmolein 1426
5 1511 90 20 RBD Palmolein 1429
6 1511 90 90 Others – Palmolein 1428
7 1507 10 00 Crude Soya bean Oil 1475
8 7404 00 22 Brass Scrap (all grades) 5821
TABLE-2
Sl. Chapter/ heading/ Description of goods
Tariff value
No. sub-heading/tariff
(US $)
item
(1) (2) (3) (4)
Gold, in any form, in respect of which the
1. benefit of entries at serial number 356 of the
71 or 98 607 per 10 grams
Notification No. 50/2017-Customs dated
30.06.2017 is availed4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
Silver, in any form, in respect of which the
2. benefit of entries at serial number 357 of the
71 or 98 788 per kilogram
Notification No. 50/2017-Customs dated
30.06.2017 is availed
(i) Silver, in any form, other than medallions
and silver coins having silver content not below
99.9% or semi-manufactured forms of silver
falling under sub-heading 7106 92;
(ii) Medallions and silver coins having silver
3.
content not below 99.9% or semi-manufactured
71 forms of silver falling under sub-heading 7106 788 per kilogram
92, other than imports of such goods through
post, courier or baggage.
Explanation. - For the purposes of this entry,
silver in any form shall not include foreign
currency coins, jewellery made of silver or
articles made of silver.
(i) Gold bars, other than tola bars, bearing
manufacturer’s or refiner’s engraved serial
number and weight expressed in metric units;
4. (ii) Gold coins having gold content not below
99.5% and gold findings, other than imports of
71 such goods through post, courier or baggage. 607 per 10 grams
Explanation. - For the purposes of this entry,
―gold findings‖ means a small component such
as hook, clasp, clamp, pin, catch, screw back
used to hold the whole or a part of a piece of
Jewellery in place.
TABLE-3
Sl. Chapter/ heading/ sub- Description of goods Tariff value
No. heading/tariff item
(US $ Per Metric Tonne)
(1) (2) (3) (4)
1 080280 Areca nuts 5589 (i.e., no change)‖
2. This notification shall come into force with effect from the 1st day of March, 2022.
[F. No. 467/01/2022-Cus-V]
HARISH KUMAR, Under Secy.
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.
09/2022-Customs (N.T.), dated the 15th February, 2022, e-published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 690 (E), dated 15th February,
2022.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.