## Report on Customs Notification No. 89/2022
**1. Executive Summary:**
This report analyzes Customs Notification No. 89/2022, dated October 14, 2022, which amends a previous notification (No. 36/2001-Customs N.T.). The core purpose of this amendment is to revise tariff values for specific imported goods, including palm oil, soybean oil, brass scrap, gold, silver, and areca nuts. The key finding is that the notification updates the tariff values, potentially impacting import costs and customs duties for affected industries.
**2. Introduction:**
This report aims to provide a comprehensive overview of Customs Notification No. 89/2022, based solely on the information contained within the provided text. The report focuses on understanding the changes introduced by this notification and its potential implications.
**3. Policy Overview:**
This notification is an amendment to the Government of India's Ministry of Finance (Department of Revenue) Notification No. 36/2001-Customs N.T., dated August 3, 2001. The core objective of the amendment, inferred from the provided text, is to update and revise the tariff values used for calculating customs duties on specific imported goods.
**4. Background and Rationale:**
The amendment likely addresses the need to adjust tariff values to reflect current market prices and economic conditions. By updating these values, the government aims to ensure accurate customs duty collection and potentially influence import behavior related to these commodities. The rapid date of this ammendment from the previous one suggests some market volatility that requires attention.
**5. Key Provisions / Changes:**
This notification introduces changes to the tariff values specified in the original notification (No. 36/2001-Customs N.T.). Specifically, it *replaces* the existing TABLE 1, TABLE 2, and TABLE 3 with new tables containing updated tariff values.
* **Table 1:** Revises the tariff values for:
* Crude Palm Oil, RBD Palm Oil, Others Palm Oil
* Crude Palmolein, RBD Palmolein, Others Palmolein
* Crude Soya bean Oil
* Brass Scrap (all grades)
* **Table 2:** Revises the tariff values for:
* Gold (in various forms)
* Silver (in various forms), including specific mentions of medallions, silver coins and semi-manufactured forms of silver.
* **Table 3:** Revises the tariff value for:
* Areca nuts
The key effect of these changes is to alter the customs duties payable on these imported goods. Whether the duties increase or decrease depends on the direction of the adjustment in the tariff values.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders are businesses and individuals involved in the import of the following goods:
* Palm oil and palmolein products
* Soybean oil
* Brass scrap
* Gold (in various forms)
* Silver (in various forms)
* Areca nuts
Importers, customs brokers, and related industries will be directly affected by these changes in tariff values.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) under the Ministry of Finance, Department of Revenue is the responsible agency.
* **Timeline:** The notification comes into effect on October 15, 2022.
* The procedures for customs assessment will remain the same, but the revised tariff values must be used for calculating the applicable duties.
**8. Expected Outcomes / Impact of Changes:**
The intended outcome of these changes is to align tariff values with current market realities. The specific impact of the amendment will be:
* **Potentially Increased/Decreased Import Costs:** Changes in tariff values will directly impact the cost of importing the listed goods.
* **Revenue Implications:** The revised tariff values will affect government revenue from customs duties.
* **Trade Flows:** Depending on the magnitude of the changes, import volumes of affected goods could be influenced.
**9. Conclusion:**
Customs Notification No. 89/2022 introduces significant changes to the tariff values of several key imported goods. The revised values, effective from October 15, 2022, will have a direct impact on importers, customs brokers, and related industries. It is crucial for stakeholders to understand these changes and adjust their import strategies accordingly. The amendment highlights the government's commitment to adjusting customs regulations based on changing economic factors, and monitoring market dynamics.
Key Entities Referenced
NEW DELHI: Location where the notification was issued.
Customs Act, 1962: The legal act under which the powers are conferred to issue the notification.
Central Board of Indirect Taxes and Customs: The issuing authority for the notification.
Ministry of Finance, Department of Revenue: The ministry and department under which the notification is issued.
Crude Palm Oil: Description of goods with Tariff value
RBD Palm Oil: Description of goods with Tariff value
Others Palm Oil: Description of goods with Tariff value
Crude Palmolein: Description of goods with Tariff value
RBD Palmolein: Description of goods with Tariff value
Others Palmolein: Description of goods with Tariff value
Crude Soya bean Oil: Description of goods with Tariff value
Brass Scrap all grades: Description of goods with Tariff value
Gold: Description of goods with Tariff value
Silver: Description of goods with Tariff value
Areca nuts: Description of goods with Tariff value
HARISH KUMAR: Under Secretary issuing the notification.
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-14102022-239654
xxxGIDHxxx
CG-DL-E-14102022-239654
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 4684] नई ददल्ली, िुक्रिार, अक्त बू र 14, 2022/आजश्ि न 22, 1944
No. 4684] NEW DELHI, FRIDAY, OCTOBER 14, 2022/ASVINA 22, 1944
जित्त मत्रं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड)
अजधसचू ना
नई ददल्ली, 14 अक् तूबर, 2022
स.ं 89/2022-सीमा िल्ु क (गै.टै.)
का.आ. 4894(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत् त िजियों का
प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एिं सीमा िुल्क बोडड, इस बात स े संतुष्ट होने पर दक ऐसा करना आिश्यक एि ं समीचीन ह,ै
एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग) की अजधसूचना सं. 36/2001-सीमा िुल्क (गै. 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, उप-खंड (ii) में प्रकाजित
दकया गया था, में जनम्नजलजखत संिोधन करता ह,ै अथाडत्:-
उक् त अजधसूचना में, सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणया ाँ प्रजतस्ट्थाजपत की जाएाँगी,
अथाडत:्-
"सारणी-1
क्रम. स.ं अध्य ाय/िीर्ड/उपिीर्ड/ टैररफ टैररफ मूल् य
माल का जििरण
मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 858
2 1511 90 10 आर बी डी पॉम ऑयल 905
6984 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन् य पॉम ऑयल 882
4 1511 10 00 कच्चा पामोजलन 931
5 1511 90 20 आर बी डी पामोलीन 934
6 1511 90 90 अन्य पामोलीन 933
7 1507 10 00 सोयाबीन का कच् चा तेल 1274
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रेड) 4500
सारणी-2
क्रम. स.ं अध्य ाय/िीर्/ड उपिीर्/ड टैररफ मल्ू य
माल का जििरण
टैररफ मद (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की 531 प्रजत 10 ग्राम
प्रजिजष्ट संख्या 356 के अंतगडत लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की 629 प्रजत दकलोग्राम
प्रजिजष्ट 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 ह ै या
उपिीर्ड 7106 92 के अधीन आने िाले रजत के अधड
जिजनर्ममत प्ररूप;
(ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्तु 99.9
प्रजतित से कम नहीं ह ै या डाक, कुररयर या सामान के
3 71 माध्यम से ऐसे माल के आयात से जभन्न उपिीर्ड 7106 92 के 629 प्रजत दकलोग्राम
अधीन आने िाले रजत के अधड जिजनर्ममत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजनों के जलए, दकसी भी प्ररूप
में रजत के अंतगडत जिदिे ी मुद्रा के जसक्के, रजत से बने आभूर्ण
या रजत से बनी िस्ट्तुएं नहीं हैं।
(i) स्ट्िणड बार, तोला बार से जभन्न, जजस पर जिजनमाडणकता ड
या ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक यूजनटों
में भार अजभव्यि है;
(ii) स्ट्िणड जसक्के, जजसमें 99.5 प्रजतित से अन्यून स्ट्िणड है, और
स्ट्िणड प्राजप्तया,ं डाक, कुररयर या बैगेज के माध्यम से ऐसे माल
4 71 531 प्रजत 10 ग्राम
के आयात से जभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, "स्ट्िणड प्राजप्तयां"
से कोई छोटा संघटक, जैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच,
स्ट्क्रू बैक, जजसका उपयोग पूणड आभूर्ण या उसके दकसी भाग
को स्ट्थान में जोड़े रखने के जलए दकया जाता है, अजभप्रेत ह।ै[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 3
सारणी-3
क्रम. सं. अध्य ाय/िीर्ड/ टैररफ मूल् य
उपिीर्ड/ टैररफ माल का जििरण (अमरीकी डालर प्रजत
मद
मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 7333”
2. यह अजधसूचना 15 अक् तूबर, 2022 से प्रभािी होगी I
[फा. सं. 467/01/2022-सीमा िुल्क.V]
हरीि कुमार, अिर सजचि
नोट : मूल अजधसूचना भारत के राजपत्र, असाधारण के भाग II, खंड 3, उप-खंड (ii) में अजधसूचना सं. 36/2001-सीमा िुल् क (गै.टै.),
ददनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा यह अंजतम बार
अजधसूचना सं. 88/2022-सीमािल्ु क (गै.टै.), ददनांक 10 अक् तूबर 2022, जजसे का.आ. 4814 (अ) ददनांक 10 अक् तूबर 2022
के तहत भारत के राजपत्र, असाधारण के भाग II, खंड 3, उप-खंड (ii) में 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 14th October, 2022
No. 89/2200-CUSTOMS (N.T.)
S.O. 4894(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/ sub- Tariff value
Sl. No. Description of goods
heading/tariff item (US $Per Metric Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 858
2 1511 90 10 RBD Palm Oil 905
3 1511 90 90 Others – Palm Oil 882
4 1511 10 00 Crude Palmolein 931
5 1511 90 20 RBD Palmolein 934
6 1511 90 90 Others – Palmolein 933
7 1507 10 00 Crude Soya bean Oil 1274
8 7404 00 22 Brass Scrap (all grades) 45004 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
TABLE-2
Sl. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item
(US $)
(1) (2) (3) (4)
Gold, in any form, in respect of which the benefit
71 or 98 of entries at serial number 356 of the Notification 531 per 10 grams
1.
No. 50/2017-Customs dated 30.06.2017 is availed
Silver, in any form, in respect of which the benefit
71 or 98 of entries at serial number 357 of the Notification 629 per kilogram
2.
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
content not below 99.9% or semi-manufactured
71 forms of silver falling under sub-heading 7106 92, 629 per kilogram
other than imports of such goods through post,
3. 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;
(ii) Gold coins having gold content not below
4.
99.5% and gold findings, other than imports of
71 531 per 10 grams
such goods through post, courier or baggage.
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. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item
(US $ Per Metric Tonne)
(1) (2) (3) (4)
1 080280 Areca nuts 7333‖
2. This notification shall come into force with effect from the 15th day of October, 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. 88/2022-Customs (N.T.), dated the 10
October, 2022, e-published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide
number S.O. 4624(E), dated 10th October, 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.