## Report on Customs Notification No. 47/2021
**1. Executive Summary:**
This report analyzes Customs Notification No. 47/2021, dated May 13, 2021, which amends a previous customs notification (No. 36/2001-Customs N.T.). The amendment revises tariff values for specific goods, including palm oil, soya bean oil, brass scrap, gold, silver and areca nuts. The core purpose of this amendment is to update these tariff values for import purposes under the Customs Act of 1962. Key findings include revised tariff values for various commodities and specific provisions for gold and silver, including distinctions based on form and purity.
**2. Introduction:**
The purpose of this report is to provide an informative overview and analysis of Customs Notification No. 47/2021, based solely on the content of the provided text. This notification, issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs (CBIC), amends a prior notification regarding tariff values. This report aims to clarify the specific changes introduced by this amendment.
**3. Policy Overview:**
* This notification is an *amendment* to the original policy: Notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Core Objective:** The primary objective, inferred from the text, is to update tariff values for specific imported goods for the purpose of calculating customs duties under the Customs Act, 1962. This ensures that import duties are levied on a realistic valuation of the goods.
**4. Background and Rationale:**
This is an *amendment*. The rationale for this specific amendment is to adjust the tariff values of certain imported commodities to reflect current market conditions or other relevant economic factors. The revisions primarily focus on palm oil, soya bean oil, brass scrap, gold, silver and areca nuts. The amendment indicates a need to periodically revise and update these values to maintain accuracy and fairness in customs duty assessments. The inclusion of specific criteria for gold and silver (form, purity) further suggests a need to address nuances in valuation based on quality and type.
**5. Key Provisions / Changes:**
This notification specifically *amends* Notification No. 36/2001-Customs N.T. by *substituting* the existing TABLE 1, TABLE 2 and TABLE 3 with new tables.
* **Specific Part Changed:** Tables 1, 2 and 3 of the original notification.
* **New Rules/Provisions:**
* **Table 1 (Palm Oil, Soya Bean Oil, Brass Scrap):** The amendment revises the tariff values (in US$ per Metric Tonne) for various types of palm oil (crude, RBD, others), crude soybean oil, and brass scrap (all grades).
* **Table 2 (Gold and Silver):** The amendment revises tariff values for gold (in any form) and silver (in any form), specifying different rates based on: eligibility for benefits under Notification No. 50/2017-Customs, the form of silver (medallions/coins vs. semi-manufactured), purity levels (99.9%), whether imports are through post/courier/baggage, and the form of gold (bars vs. coins/findings).
* **Table 3 (Areca Nuts):** The amendment revises the tariff value (in US$ per Metric Tonne) for Areca nuts.
* **Difference/Effect:** The amendment provides updated (and likely different) tariff values for the listed goods. These new values will directly impact the calculation of customs duties, potentially increasing or decreasing the cost of importing these items. The differentiation in tariff values for gold and silver based on form and purity indicates a more granular approach to valuation.
**6. Target Audience and Stakeholders:**
The target audience and stakeholders directly affected by these changes include:
* Importers of palm oil, soya bean oil, brass scrap, gold, silver and areca nuts.
* Customs brokers and agents involved in import clearance.
* Businesses involved in the trading, refining, and manufacturing of gold and silver.
* Any industry that utilizes these commodities
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) under the Department of Revenue, Ministry of Finance, is the responsible agency for implementing and enforcing these amendments.
* **Procedures:** Importers will need to use the revised tariff values specified in Tables 1, 2, and 3 of the notification when declaring the value of goods for customs purposes. The standard customs clearance procedures will apply.
* **Specific to Changes:** The amendment necessitates that customs officials and importers are aware of the specific criteria for determining the appropriate tariff value for gold and silver, including purity levels and form.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these specific changes is to:
* Ensure accurate and up-to-date valuation of imported goods for customs duty assessment.
* Reflect current market prices and economic conditions in tariff calculations.
* Potentially impact the cost of importing the specified goods, affecting trade volumes and market prices.
* Provide greater clarity and precision in the valuation of gold and silver imports, reducing ambiguity and potential disputes.
**9. Conclusion:**
Customs Notification No. 47/2021 represents a periodic update to tariff values for key imported commodities. The amendments primarily involve substituting the previous values with revised figures. This impacts importers, customs brokers, and industries dealing with palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts. Understanding the specific changes in tariff values and the conditions related to gold and silver valuation is crucial for ensuring compliance and accurate duty calculation. This notification is a significant instrument in the government's effort to properly assess duties and regulate trade.
Key Entities Referenced
BULLO MAMU: Dy. Secy.
NEW DELHI: Location where the notification was issued.
Customs Act, 1962: Act of Parliament of India that consolidates the law relating to customs duties.
Central Board of Indirect Taxes and Customs: Government agency responsible for formulation of policy concerning levy and collection of customs duties, central excise duties and service tax.
Crude Palm Oil: A type of palm oil listed with its tariff value.
RBD Palm Oil: A type of palm oil listed with its tariff value.
Others Palm Oil: A type of palm oil listed with its tariff value.
Crude Palmolein: A type of palm oil listed with its tariff value.
RBD Palmolein: A type of palm oil listed with its tariff value.
Others Palmolein: A type of palm oil listed with its tariff value.
Crude Soya bean Oil: A type of oil listed with its tariff value.
Brass Scrap: A type of scrap listed with its tariff value.
Notification No. 5902017Customs dated 30.06.2017: A notification related to gold, in any form.
Notification No. 502017Customs dated 30.06.2017: A notification related to silver, in any form.
Areca nuts: An agricultural product listed with its tariff value.
Ministry of Finance: Ministry of Finance, Department of Revenue.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-13052021-226993
xxxGIDHxxx
CG-DL-E-13052021-226993
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1730] नई दिल्ली, बहृ स्ट् पजतिार, मई 13, 2021/ििै ाख 23, 1943
No. 1730] NEW DELHI, THURSDAY, MAY 13, 2021/VAISAKHA 23, 1943
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोड)ड
अजधसचू ना
नई दिल्ली, 13 मई, 2021
(सं. 47/2021-सीमा िल्ु क (ग.ैटै.))
का.आ. 1857(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रद्त्त्त
िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात से संतुष्ट होन े पर दक ऐसा करना आिश्यक
एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना सं. 36/2001-सीमा िुल्क
(ग.ै टै.), दिनांक 3 अगस्ट्त, 2001, जिस े का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण
के भाग-II, खंड-3, उपखंड (ii) में प्रकाजित दकया गया था, में जनम्नजलजखत संिोधन करता ह,ै अथाडत:् -
उक् त अजधसूचना में, सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
िाएाँगी, अथाडत्:-
2620 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
‘‘सारणी-1
क्रम. सं. अध् याय/िीर्ड/उपिीर्/ड टैररफ मूल् य
माल का जििरण
टैररफ मि (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1219
2 1511 90 10 आर बी डी पॉम ऑयल 1242
3 1511 90 90 अन्य पॉम ऑयल 1231
4 1511 10 00 कच्चा पामोजलन 1248
5 1511 90 20 आर बी डी पामोलीन 1251
6 1511 90 90 अन्य पामोलीन 1250
7 1507 10 00 सोयाबीन का कच्च ा तेल 1333
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रेड) 5777
सारणी-2
क्रम. सं. अध् याय/िीर्ड/ टैररफ मूल य्
माल का जििरण
उपिीर्/ड टैररफ मि (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जिसके सम्बन्ध में अजधसूचना 590 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की
प्रजिजष्ट संख्या 356 के अंतगतड लाभ प्राप्त दकया गया हो
2 71 या 98 रित, दकसी भी रूप में, जिसके सम्बन्ध में अजधसूचना 883 प्रजत
संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की दकलोग्राम
प्रजिजष्ट संख्या 357 के अंतगडत लाभ प्राप्त दकया गया हो
3 71 (i) रित, पिकीय या रित जसक्कों से जभन्न दकसी भी 883 प्रजत
रूप में, जिसकी रित अंतिडस्ट्तु 99.9 प्रजतित से दकलोग्राम
कम नहीं ह ै या उपिीर् ड 7106 92 के अधीन आने
िाल े रित के अधड जिजनर्मडत प्ररूप;
(ii) पिकीय या रित जसक्के, जिसकी रित अंतिडस्ट्तु
99.9 प्रजतित से कम नहीं ह ै या डाक, कुररयर या
सामान के माध्यम से ऐस े माल के आयात से जभन्न
उपिीर् ड 7106 92 के अधीन आन े िाल े रित के
अधड जिजनर्मडत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिनों के जलए, दकसी भी
प्ररूप में रित के अंतगडत जिििे ी मुद्रा के जसक्के, रित स े
बन े आभूर्ण या रित से बनी िस्ट्तुएं नहीं ह।ैं
4 71 (i) स्ट्िणड बार, तोला बार से जभन्न, जिस पर जिजनमाडणकताड 590 प्रजत 10 ग्राम
या ररयाइनर का खुिा हुआ क्रम संख्यांक और जमररक[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
यूजनटों में भार अजभव्यि ह;ै
(ii) स्ट्िणड जसक्के, जिसम ें 99.5 प्रजतित से अन्यून स्ट्िणड ह,ै
और स्ट्िणड प्राजप्तयां, डाक, कुररयर या बैगेि के माध्यम से
ऐस े माल के आयात से जभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िणड
प्राजप्तयां" से कोई छोटा संघटक, िैस े हुक, क्लास्ट्प, क्लैंप,
जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूण ड आभूर्ण या
उसके दकसी भाग को स्ट्थान में िोड़े रखन े के जलए दकया
िाता ह,ै अजभप्रेत ह।ै
सारणी-3
क्रम. सं. अध् याय/िीर्ड/ टैररफ मूल य्
माल का जििरण
उपिीर्/ड टैररफ मि (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 4670”
[फा. सं. 467/01/2021-सीमा िुल्क –V]
बुलो मामु, अिर सजचि
नोट:- मूल अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) में अजधसूचना सं. 36/2001-सीमा
िुल् क (ग.ै टै.), दिनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा यह
अंजतम बार अजधसूचना सं. 45/2021-सीमािुल्क (ग.ै टै.), दिनांक 30 अप्रैल, 2021, जिस े का.आ. 1728 (अ)
दिनांक 30 अप्रैल, 2021 के तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (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 13th May 2021
(No. 47/2021-CUSTOMS (N.T.))
S.O. 1857(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: -4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
“TABLE-1
Tariff value
Chapter/ heading/ sub-
Sl. No. Description of goods (US $Per Metric
heading/tariff item
Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1219
2 1511 90 10 RBD Palm Oil 1242
3 1511 90 90 Others – Palm Oil 1231
4 1511 10 00 Crude Palmolein 1248
5 1511 90 20 RBD Palmolein 1251
6 1511 90 90 Others – Palmolein 1250
7 1507 10 00 Crude Soya bean Oil 1333
8 7404 00 22 Brass Scrap (all grades) 5777
TABLE-2
Sl. Chapter/ heading/ sub- Description of goods Tariff value
No. heading/tariff item (US $)
(1) (2) (3) (4)
1. Gold, in any form, in respect of which the benefit of
71 or 98 entries at serial number 356 of the Notification No. 590 per 10 grams
50/2017-Customs dated 30.06.2017 is availed
2. Silver, in any form, in respect of which the benefit
71 or 98 of entries at serial number 357 of the Notification 883 per kilogram
No. 50/2017-Customs dated 30.06.2017 is availed
3. (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-
71 manufactured forms of silver falling under 883 per kilogram
sub-heading 7106 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.
4. (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
99.5% and gold findings, other than imports
71 of such goods through post, courier or 590 per 10 grams
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.[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
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 4670”
[F. No. 467/01/2021-Cus-V]
BULLO MAMU, Dy. 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. 45/2021-Customs (N.T.), dated the 30th April, 2021,
e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 1728 (E),
dated 30th April, 2021.
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.