Executive Summary:
This notification from the Ministry of Finance, Department of Revenue, amends a previous notification regarding tariff values for specific goods. It updates the tariff values for items including palm oil, palmolein, soya bean oil, brass scrap, poppy seeds, gold, silver and areca nuts, as per Section 14 of the Customs Act, 1962. The notification is effective as of September 30, 2016.
Key Points / Main Content:
* **Amendment Authority**: The Central Board of Excise and Customs is amending the notification.
* **Reference Notification**: This amends notification No. 362001-Customs N.T., dated August 3, 2001.
* **Table Substitution**: TABLE1, TABLE2 and TABLE3 in the referenced notification are substituted.
* **TABLE1**: Lists tariff values (US per Metric Tonne) for:
* Crude Palm Oil (767)
* RBD Palm Oil (776)
* Others Palm Oil (772)
* Crude Palmolein (811)
* RBD Palmolein (814)
* Others Palmolein (813)
* Crude Soya bean Oil (827)
* Brass Scrap all grades (3055)
* Poppy seeds (2533)
* **TABLE2**: Lists tariff values for:
* Gold (428 per 10 grams)
* Silver (619 per kilogram)
* **TABLE3**: Lists tariff values (US per Metric Tonne) for:
* Areca nuts (2623)
Impact Analysis:
* **Importers/Exporters**:
* *Impact:* Changes in tariff values will directly affect the cost of importing/exporting goods listed in TABLE1, TABLE2, and TABLE3.
* *Action Required:* Need to adjust financial calculations based on the revised tariff values for customs declarations and transactions.
* **Customs Officials**:
* *Impact:* Required to use the updated tariff values for assessment and collection of customs duties.
* *Action Required:* Implement the new tariff values in customs processing and valuation procedures.
* **Central Board of Excise and Customs**:
* *Impact:* Responsible for monitoring and enforcing the updated tariff values.
* *Action Required:* Ensure dissemination of the notification to relevant departments and stakeholders and address any queries or issues arising from the implementation.
Key Entities Referenced
Customs Act, 1962: An act of the Indian Parliament related to customs and excise duties.
Central Board of Excise and Customs: A government agency responsible for the administration of indirect taxes in India, now known as Central Board of Indirect Taxes and Customs (CBIC).
Ministry of Finance: A ministry of the Government of India responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance responsible for tax collection and administration.
New Delhi: The capital city of India, where the notification was issued.
Gazette of India: An official government publication of India.
KSHITENDRA VERMA: Under Secretary, signing the notification.
Crude Palm Oil: A type of palm oil, specified in the notification.
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िव(cid:7004)त म(cid:7074)ं ालय
(राज(cid:7021)व िवभाग)
(के(cid:7008)(cid:7076) ीय उ(cid:7004)प ाद एव ंसीमा शु(cid:7016)क बोड)(cid:6981)
अिधसचू ना
नई (cid:7408)द(cid:7016)ल ी, 30 िसत(cid:7013)बर, 2016
स.ं 123/2016-सीमा श(cid:7016)ु क (ग.ैटै.)
का.आ. 3102(अ).—सीमा श(cid:7016)ु क अिधिनयम, 1962 (1962 का 52) क(cid:7409) धारा 14 क(cid:7409) उपधारा (2) (cid:7367)ारा (cid:7079)द(cid:7004)त
शि(cid:6989)त य(cid:7298) का (cid:7079)योग करत े (cid:7263)ए, के(cid:7008) (cid:7076)ीय उ(cid:7004)प ाद एवं सीमा शु(cid:7016)क बोड,(cid:6981) इस बात से संतु(cid:7020)ट होने पर (cid:7408)क ऐसा करना आव(cid:7019)य क एवं
समीचीन ह,ै एत(cid:7375)ारा, भारत सरकार, िव(cid:7004) त म(cid:7074)ं ालय (राज(cid:7021)व िवभाग) क(cid:7409) अिधसूचना स.ं 36/2001-सीमा श(cid:7016)ु क (गै. टै.),
(cid:7408)दनाकं 3 अग(cid:7021)त, 2001, िजस ेका.आ. 748(अ), (cid:7408)दनाकं 3 अग(cid:7021)त, 2001 के तहत (cid:7079)कािशत (cid:7408)कया गया था, म (cid:7286) िन(cid:7013)न िलिखत
संशोधन करता ह,ै अथा(cid:6981)त्:-
उ(cid:6989) त अिधसूचना म,(cid:7286) सारणी-1, सारणी-2 और सारणी-3 के (cid:7021)थान पर िन(cid:7388)िलिखत सारिणया ँ (cid:7079)ित(cid:7021)थािपत क(cid:7409)
जाएँगी, अथा(cid:6981)त:्-
"सारणी-1
टै(cid:7407)रफ मू(cid:7016)य
(cid:7059)म. सं. अ(cid:7007)य ाय/शीष(cid:6981)/उपशीष(cid:6981)/ टै(cid:7407)रफ मद माल का िववरण
(अमरीक(cid:7409) डालर (cid:7079)ित मी(cid:7407)(cid:7069)क टन)
(1) (2) (3) (4)
1 1511 10 00 क(cid:6994)च ा पॉम ऑयल 767
4669 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2 1511 90 10 आर बी डी पॉम ऑयल 776
3 1511 90 90 अ(cid:7008)य पॉम ऑयल 772
4 1511 10 00 क(cid:6994)च ा पामोिलन 811
5 1511 90 20 आर बी डी पामोलीन 814
6 1511 90 90 अ(cid:7008)य पामोलीन 813
7 1507 10 00 सोयाबीन का क(cid:6994)च ा तले 827
8 7404 00 22 पीतल (cid:7021)(cid:7059) ेप (सभी (cid:7061)ेड) 3055
9 1207 91 00 पो(cid:7021)त बीज 2533
"सारणी-2
(cid:7059)म. अ(cid:7007) याय/शीष(cid:6981)/ उपशीष/(cid:6981) टै(cid:7407)रफ मू(cid:7016)य
माल का िववरण
सं. टै(cid:7407)रफ मद (अमरीक(cid:7409) डालर)
(1) (2) (3) (4)
1 71 या 98 (cid:7021)वण(cid:6981), (cid:7408)कसी भी (cid:7272)प म(cid:7286), िजसके स(cid:7013)ब(cid:7008)ध म(cid:7286) अिधसूचना 428 (cid:7079)ित 10
स(cid:6990)ं या 12/2012-सीमा श(cid:7016)ु क, (cid:7408)दनाकं 17.03.2012 क(cid:7409) (cid:7061)ाम
(cid:7079)िवि(cid:7397) सं(cid:6990)या 321 और 323 के अंतग(cid:6981)त लाभ (cid:7079)ा(cid:7385) (cid:7408)कया
गया हो
2 71 या 98 रजत, (cid:7408)कसी भी (cid:7272)प म(cid:7286), िजसके स(cid:7013)ब(cid:7008)ध म (cid:7286)अिधसूचना 619 (cid:7079)ित
स(cid:6990)ं या 12/2012-सीमा श(cid:7016)ु क, (cid:7408)दनाकं 17.03.2012 क(cid:7409) (cid:7408)कलो(cid:7061)ाम
(cid:7079)िवि(cid:7397) सं(cid:6990)या 322 और 324 के अंतग(cid:6981)त लाभ (cid:7079)ा(cid:7385) (cid:7408)कया
गया हो
"सारणी-3
अ(cid:7007) याय/शीष(cid:6981)/ उपशीष/(cid:6981) टै(cid:7407)रफ मू(cid:7016)य
(cid:7059)म. सं. माल का िववरण
टै(cid:7407)रफ मद (अमरीक(cid:7409) डालर (cid:7079)ित मी(cid:7407)(cid:7069)क टन)
(1) (2) (3) (4)
1 080280 सुपारी 2623”
[फा. स.ं 467/1/2016-सीमा श(cid:7016)ु क –V]
ि(cid:6979)त(cid:7286)(cid:7076) वमा,(cid:6981) अवर सिचव
नोट : मलू अिधसूचना भारत के राजप(cid:7074), असाधारण के भाग-II, खंड-3, उपखंड (ii) म (cid:7286)अिधसूचना स.ं 36/2001-सीमा शु(cid:7016)क
(गै.टै.), (cid:7408)दनाकं 3 अग(cid:7021)त, 2001, का.आ. 748(अ), (cid:7408)दनाकं 3 अग(cid:7021)त, 2001 के तहत (cid:7079)कािशत क(cid:7409) गई थी, तथा यह
अंितम बार अिधसूचना सं. 120/2016-सीमाशु(cid:7016)क (गै.टै.), (cid:7408)दनाकं 15 िसत(cid:7013)बर, 2016, िजस े का.आ. 2945(अ)
(cid:7408)दनाकं 15 िसत(cid:7013)बर, 2016 के तहत भारत के राजप(cid:7074), असाधारण के भाग-II, खंड-3, उपखंड (ii) म(cid:7286) ई-(cid:7079)कािशत
(cid:7408)कया गया था, के (cid:7367)ारा संशोिधत क(cid:7409) गई थी ।¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, the 30th September, 2016
No. 123/2016-CUSTOMS (N.T.)
S.O. 3102(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 Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby
makes the following amendment 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
Sl. Chapter/ heading/ sub- Tariff value
Description of goods
No. heading/tariff item (US $Per Metric Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 767
2 1511 90 10 RBD Palm Oil 776
3 1511 90 90 Others – Palm Oil 772
4 1511 10 00 Crude Palmolein 811
5 1511 90 20 RBD Palmolein 814
6 1511 90 90 Others – Palmolein 813
7 1507 10 00 Crude Soya bean Oil 827
8 7404 00 22 Brass Scrap (all grades) 3055
9 1207 91 00 Poppy seeds 2533
TABLE-2
Sl. Chapter/ heading/ sub- Tariff value
Description of goods
No. heading/tariff item (US $)
(1) (2) (3) (4)
Gold, in any form, in respect of which the benefit
of entries at serial number 321 and 323 of the
1 71 or 98 428 per 10 grams
Notification No. 12/2012-Customs dated
17.03.2012 is availed
Silver, in any form, in respect of which the benefit
of entries at serial number 322 and 324 of the
2 71 or 98 619 per kilogram
Notification No. 12/2012-Customs dated
17.03.2012 is availed4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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 2623”
[F. No. 467/01/2016 -Cus-V]
KSHITENDRA VERMA, 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. 120/2016-Customs (N.T.), dated the
15th September, 2016, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide
number S.O. 2945(E), dated 15th September, 2016.
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.