Date: 2022-07-29Category: Extra OrdinaryState: Union GovernmentCountry: India
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 and 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
## Policy Analysis Report: Customs Notification No. 65/2022
**1. Executive Summary:**
This report analyzes Customs Notification No. 65/2022, issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, and published in the Gazette of India on July 29, 2022. This notification amends a previous notification (No. 36/2001-Customs N.T.) by substituting new tables specifying tariff values for certain goods. The core purpose of this amendment is to update the tariff values for Crude Palm Oil, RBD Palm Oil, Other Palm Oil, Crude Palmolein, RBD Palmolein, Other Palmolein, Crude Soya bean Oil, Brass Scrap all grades, Gold, Silver and Areca nuts. This update directly impacts importers and exporters of these commodities by changing the basis on which customs duties are calculated.
**2. Introduction:**
This report provides an informative analysis of Customs Notification No. 65/2022, based solely on the provided text. The purpose is to outline the changes implemented by this notification and its potential implications for relevant stakeholders.
**3. Policy Overview:**
* This notification is an amendment to the Government of India, Ministry of Finance, Department of Revenue, Notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Core Objective:** The core objective, as inferred from the text, is to revise the tariff values applicable to specific imported goods for the purpose of calculating customs duties.
**4. Background and Rationale:**
* This is an amendment. The likely reason for this specific amendment is to adjust the tariff values of the listed commodities to reflect current market prices. This adjustment ensures that customs duties are levied on a fair and representative basis, preventing undervaluation or overvaluation of imports for duty calculation purposes. The amendment indicates a need for periodic updates to tariff values to align with prevailing market conditions.
**5. Key Provisions / Changes:**
This notification *amends* the existing policy by substituting new tables.
* **Specific Part Changed:** TABLE1, TABLE2, and TABLE3 of the original notification (No. 36/2001-Customs N.T.) are replaced entirely.
* **New Rule/Provision:** The new tables specify revised tariff values (in US Dollars per Metric Tonne or per Kilogram/10 grams) for the following:
* **TABLE 1:**
* Crude Palm Oil (1511 10 00): 1067 US$
* RBD Palm Oil (1511 90 10): 1080 US$
* Others Palm Oil (1511 90 90): 1074 US$
* Crude Palmolein (1511 10 00): 1082 US$
* RBD Palmolein (1511 90 20): 1085 US$
* Others Palmolein (1511 90 90): 1084 US$
* Crude Soya bean Oil (1507 10 00): 1328 US$
* Brass Scrap all grades (7404 00 22): 4416 US$
* **TABLE 2:**
* Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed: 565 US$ per 10 grams.
* Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed: 629 US$ per kilogram.
* Silver, in any form, other than medallions and silver coins having silver content not below 99.9 or semimanufactured forms of silver falling under subheading 7106 92: 629 US$ per kilogram
* Gold bars, other than tola bars, bearing manufacturers or refiners engraved serial number and weight expressed in metric units; Gold coins having gold content not below 99.5 and gold findings, other than imports of such goods through post, courier or baggage. : 565 US$ per 10 grams
* **TABLE 3:**
* Areca nuts (080280): 7065 US$
* **Difference/Effect of Change:** The amendment replaces the *previous* tariff values with these *new* values. This directly affects the calculation of customs duties for importers of these specific goods. Depending on whether the new values are higher or lower than the previous ones, the amount of duty payable will increase or decrease accordingly.
**6. Target Audience and Stakeholders:**
Based on the text, the directly affected stakeholders are:
* Importers and exporters of Crude Palm Oil, RBD Palm Oil, Other Palm Oil, Crude Palmolein, RBD Palmolein, Other Palmolein, Crude Soya bean Oil, Brass Scrap all grades, Gold, Silver and Areca nuts.
* Customs officials responsible for assessing and collecting duties on these imported goods.
**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.
* **Timelines:** The notification comes into force on July 30, 2022, as specified in section 2.
* This will be implemented during the customs clearance process, using the new tariff values for duty calculation.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these specific changes is to:
* Ensure accurate and fair assessment of customs duties based on current market values.
* Potentially impact the cost of importing the listed commodities, which could, in turn, affect consumer prices or profit margins for businesses involved.
* Maintain revenue collection by the government.
**9. Conclusion:**
Customs Notification No. 65/2022 is a significant amendment that updates the tariff values for a range of imported goods. The change directly impacts importers and exporters of the specified commodities by altering the customs duty calculation. By aligning tariff values with current market conditions, this amendment contributes to accurate revenue collection and fair trade practices. The amendment is crucial for businesses involved in the import of these goods to accurately calculate and manage their import costs.
Key Entities Referenced
Central Board of Indirect Taxes and Customs: A governmental organization under the Department of Revenue, Ministry of Finance, responsible for customs and indirect taxes administration.
Customs Act, 1962: An act of the Indian Parliament governing customs laws and regulations in India.
Ministry of Finance: The ministry of the Government of India responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance, Government of India.
New Delhi: The capital city of India, where the notification was issued.
Gazette of India: The official journal of the Government of India, publishing official notifications and regulations.
Notification No. 502017Customs dated 30.06.2017: A customs notification that provides benefit of entries at serial number 356 and 357.
HARISH KUMAR: Under Secretary, signatory of the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-29072022-237712
xxxGIDHxxx
CG-DL-E-29072022-237712
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3411] नई दिल्ली, िुक्रिार, िुलाई 29, 2022/श्रािण 7, 1944
No. 3411] NEW DELHI, FRIDAY, JULY 29, 2022/SHRAVANA 7, 1944
जित्त मंत्रालय
(रािस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड)
अजधसचू ना
नई दिल्ली, 29 िुलाई, 2022
स.ं 65/2022-सीमा िल्ु क (ग.ैटै.)
का.आ. 3576(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रित् त
िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात स े संतुष्ट होन ेपर दक ऐसा करना आिश्यक
एिं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क (ग.ै
टै.), दिनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, 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
िाएाँगी, अथाडत:्-
5175 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
"सारणी-1
क्रम. स.ं अध् याय/िीर्/ड 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 1067
2 1511 90 10 आर बी डी पॉम ऑयल 1080
3 1511 90 90 अन् य पॉम ऑयल 1074
4 1511 10 00 कच्चा पामोजलन 1082
5 1511 90 20 आर बी डी पामोलीन 1085
6 1511 90 90 अन्य पामोलीन 1084
7 1507 10 00 सोयाबीन का कच् चा तेल 1328
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 4416
सारणी-2
क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य
माल का जििरण
उपिीर्/ड टैररफ मि (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जिसके सम्बन्ध म ें अजधसूचना
संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की 565 प्रजत 10 ग्राम
प्रजिजष्ट संख्या 356 के अतं गतड लाभ प्राप्त दकया गया हो
2 71 या 98 रित, दकसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना 629
संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की प्रजत दकलोग्राम
प्रजिजष्ट संख्या 357 के अतं गतड लाभ प्राप्त दकया गया हो
(i) रित, पिकीय या रित जसक्कों स े जभन्न दकसी भी रूप
म,ें जिसकी रित अंतिडस्ट्त ु 99.9 प्रजतित स े कम नहीं ह ै
या उपिीर् ड 7106 92 के अधीन आन े िाले रित के अध ड
जिजनर्मडत प्ररूप;
(ii) पिकीय या रित जसक्के, जिसकी रित अंतिडस्ट्त ु 99.9
629
प्रजतित स े कम नहीं ह ै या डाक, कुररयर या सामान के
3 71 प्रजत दकलोग्राम
माध्यम स े ऐसे माल के आयात स े जभन्न उपिीर् ड 7106 92
के अधीन आन े िाले रित के अधड जिजनर्मडत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिनों के जलए, दकसी भी
प्ररूप म ें रित के अंतगडत जििेिी मुद्रा के जसक्के, रित स े
बने आभूर्ण या रित स े बनी िस्ट्तुए ंनहीं ह।ैं
(i) स्ट्िणड बार, तोला बार स े जभन्न, जिस पर जिजनमाडणकता ड
या ररयाइनर का खुिा हुआ क्रम संख्यांक और जमररक
यूजनटों म ेंभार अजभव्यि ह;ै
(ii) स्ट्िणड जसक्के, जिसम ें 99.5 प्रजतित स े अन्यून स्ट्िण ड ह,ै
और स्ट्िणड प्राजप्तयां, डाक, कुररयर या बैगेि के माध्यम स े
565 प्रजत 10 ग्राम
ऐसे माल के आयात से जभन्न।
4 71
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िण ड
प्राजप्तयां" स े कोई छोटा संघटक, िैसे हुक, क्लास्ट्प, क्लैंप,
जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूण ड आभूर्ण या
उसके दकसी भाग को स्ट्थान म ें िोड़े रखने के जलए दकया
िाता ह,ै अजभप्रेत ह।ै[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
सारणी-3
क्रम. स.ं अध् याय/िीर्/ड उपिीर्/ड टैररफ मूल् य
माल का जििरण
टैररफ मि (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 7065 (अथाडत कोई पररितडन नहीं)”
2. यह अजधसूचना 30 िुलाई, 2022 से प्रभािी होगी I
[फा. स.ं 467/01/2022-सीमा िुल्क –V]
हरीि कुमार, अिर सजचि
नोट : मूल अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखंड (ii) म ें अजधसूचना सं. 36/2001-सीमा
िुल् क (ग.ैटै.), दिनाकं 3 अगस्ट्त, 2001, का.आ. 748 (अ), दिनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी,
तथा यह अंजतम बार अजधसूचना स.ं 62/2022-सीमािुल्क (ग.ै टै.), दिनांक 15 िुलाई, 2022, जिसे का.आ. 3209
(अ) दिनांक 15 िुलाई, 2022 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखंड (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 29th July, 2022
No. 65/2022-CUSTOMS (N.T.)
S.O. 3576(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 1067
2 1511 90 10 RBD Palm Oil 1080
3 1511 90 90 Others – Palm Oil 1074
4 1511 10 00 Crude Palmolein 1082
5 1511 90 20 RBD Palmolein 1085
6 1511 90 90 Others – Palmolein 1084
7 1507 10 00 Crude Soya bean Oil 1328
8 7404 00 22 Brass Scrap (all grades) 44164 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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
benefit of entries at serial number 356 of the
1. 71 or 98 565 per 10 grams
Notification No. 50/2017-Customs dated
30.06.2017 is availed
Silver, in any form, in respect of which the
benefit of entries at serial number 357 of the
2. 71 or 98 629 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;
3.
(ii) Medallions and silver coins having silver
content not below 99.9% or semi-manufactured
forms of silver falling under sub-heading 7106
71 629 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;
(ii) Gold coins having gold content not below
4.
99.5% and gold findings, other than imports of
71 such goods through post, courier or baggage. 565 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 7065 (i.e., no change)”[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
2. This notification shall come into force with effect from the 30th day of July, 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.
62/2022-Customs (N.T.), dated the 15th July, 2022, e-published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3209(E), dated 15th July, 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.