Home India Ministry of Finance In exercise of the powers conferred by sub section (2) of se...
Date: 2022-11-10 Category: Extra Ordinary State: Union Government Country: 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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

**Report on Notification No. 93/2022-Customs (N.T.)** **1. Executive Summary:** This report analyzes Notification No. 93/2022-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs (CBIC) on November 10, 2022. This notification amends a previous notification (No. 36/2001-Customs (N.T.)) by substituting new tables for TABLE1, TABLE2, and TABLE3, effectively updating the tariff values for certain imported goods under the Customs Act, 1962. A key finding is that the tariff values for the listed goods (Palm Oil, Soya bean Oil, Brass Scrap, Gold, Silver, Areca nuts) remain unchanged, as indicated by "i.e., no change" next to each value. The primary purpose of the amendment appears to be a periodic update of these tariff values rather than the introduction of new values. **2. Introduction:** This report provides an informative analysis of Notification No. 93/2022-Customs (N.T.), issued by the Central Board of Indirect Taxes and Customs. The analysis is based solely on the provided policy text and aims to inform affected industries about the specific changes implemented by this notification. **3. Policy Overview:** * **Original Policy Being Amended:** Notification No. 36/2001-Customs (N.T.), dated August 3, 2001. * **Core Objective(s):** The original policy establishes tariff values for imported goods, as authorized by Section 14 of the Customs Act, 1962. The objective, as inferred from the amending notification, is to periodically review and, if necessary, revise these tariff values. **4. Background and Rationale:** The amendment is likely a periodic update to ensure that the tariff values of the specified goods reflect current market conditions. While the amendment text indicates "i.e., no change" for all listed goods, it's still a necessary administrative step to reaffirm the existing values. This provides clarity and certainty for importers and customs officials. **5. Key Provisions / Changes:** This notification amends Notification No. 36/2001-Customs (N.T.) by *substituting* the following tables: * **TABLE 1:** Updates the tariff values for Crude Palm Oil, RBD Palm Oil, Others Palm Oil, Crude Palmolein, RBD Palmolein, Others Palmolein, Crude Soya bean Oil, and Brass Scrap (all grades). The significant provision is that the tariff values remain unchanged ("i.e., no change"). * **TABLE 2:** Updates the tariff values for Gold and Silver in various forms. Similar to Table 1, the values remain unchanged ("i.e., no change"). This includes gold bars and coins that meet defined criteria. * **TABLE 3:** Updates the tariff value for Areca nuts, which remains unchanged ("i.e., no change"). *Effect of the Change:* While technically a substitution, the amendment effectively maintains the status quo for the listed goods. This indicates that the CBIC, after review, has determined that the existing tariff values adequately reflect market conditions. **6. Target Audience and Stakeholders:** The primary target audience and stakeholders are: * Importers of Crude Palm Oil, RBD Palm Oil, Others Palm Oil, Crude Palmolein, RBD Palmolein, Others Palmolein, Crude Soya bean Oil, Brass Scrap, Gold, Silver, and Areca nuts. * Customs officials responsible for assessing and collecting duties on these imported goods. * Businesses involved in the trade and processing of these commodities. **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Central Board of Indirect Taxes and Customs (CBIC) is the responsible body. * **Timelines or Procedures:** The notification comes into force on November 11, 2022. The existing customs procedures for assessing and collecting duties based on tariff values will continue to apply, utilizing the reaffirmed values. The assessment of these values fall under Section 14 of the Customs Act, 1962. **8. Expected Outcomes / Impact of Changes:** The intended outcome of this amendment is to provide continued clarity and stability in the application of tariff values for the specified imported goods. Because the values remain unchanged, the immediate impact is minimal. However, the amendment provides reassurance that the CBIC is actively monitoring market conditions and adjusting tariff values as needed. **9. Conclusion:** Notification No. 93/2022-Customs (N.T.) is an amendment to a previous notification that updates the tariff values for a range of imported goods. While the amendment maintains the existing tariff values, its significance lies in demonstrating the CBIC's ongoing oversight of customs valuations and its commitment to ensuring that these valuations remain appropriate. The consistent tariff values provide stability for businesses and customs administration alike.

Key Entities Referenced

NEW DELHI: Capital of India, place of publication of the notification Customs Act, 1962: An act of parliament of India to consolidate and amend the law relating to customs Central Board of Indirect Taxes and Customs: A part of the Department of Revenue under the Ministry of Finance in the Government of India. Ministry of Finance: A ministry in the Government of India, the department issuing the notification. Department of Revenue: A department under the Ministry of Finance in the Government of India. Crude Palm Oil: A type of Palm Oil whose tariff value is being defined in TABLE1 RBD Palm Oil: A type of Palm Oil whose tariff value is being defined in TABLE1 Palm Oil: A type of Palm Oil whose tariff value is being defined in TABLE1 Crude Palmolein: A type of Palmolein whose tariff value is being defined in TABLE1 RBD Palmolein: A type of Palmolein whose tariff value is being defined in TABLE1 Palmolein: A type of Palmolein whose tariff value is being defined in TABLE1 Crude Soya bean Oil: A type of Soya bean Oil whose tariff value is being defined in TABLE1 Brass Scrap: A type of metal scrap whose tariff value is being defined in TABLE1 Gold: A precious metal whose tariff value is being defined in TABLE2 Silver: A precious metal whose tariff value is being defined in TABLE2 Areca nuts: A type of nuts whose tariff value is being defined in TABLE3 HARISH KUMAR: Under Secretary who signed the notification. Mayapuri, New Delhi: Location of the Dte. of Printing Delhi: Location of the Controller of Publications
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-10112022-240190 xxxGIDHxxx CG-DL-E-10112022-240190 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.ं 5022] नई दिल्ली, बृहस्ट्प जतिार, निम्ब र 10, 2022/कार्तकड 19, 1944 No. 5022] NEW DELHI, THURSDAY, NOVEMBER 10, 2022/KARTIKA 19, 1944 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय अप्रत्यक्ष कर एि ं सीमा िल्ु क बोडड) अजधसचू ना नई दिल् ली, 10 निम् बर, 2022 स.ं 93/2022-सीमा िल्ु क (ग.ैटै.) का.आ. 5241(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 होने पर दक ऐसा करना आिश्यक एिं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क (ग.ै ट.ै ), 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 संिोधन करता ह,ै अथाडत:्— उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम् नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की िाएाँगी, अथाडत:्— 7477 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] "सारणी-1 क्रम. स.ं अध्य ाय/िीर्ड/उपिीर्ड/ टैररफ टैररफ मूल् य माल का जििरण मि (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 1511 10 00 कच् चा पॉम ऑयल 952 (अथाडत कोई पररितडन नहीं) 2 1511 90 10 आर बी डी पॉम ऑयल 962 (अथाडत कोई पररितडन नहीं) 3 1511 90 90 अन् य पॉम ऑयल 957 (अथाडत कोई पररितडन नहीं) 4 1511 10 00 कच् चा पामोजलन 968 (अथाडत कोई पररितडन नहीं) 5 1511 90 20 आर बी डी पामोलीन 971 (अथाडत कोई पररितडन नहीं) 6 1511 90 90 अन्य पामोलीन 970 (अथाडत कोई पररितडन नहीं) 7 1507 10 00 सोयाबीन का कच् चा तेल 1345 (अथाडत कोई पररितडन नहीं) 8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रेड) 4518 (अथाडत कोई पररितडन नहीं) सारणी-2 क्रम. सं. अध्य ाय/िीर्ड/ उपिीर्ड/ टैररफ मूल् य माल का जििरण टैररफ मि (अमरीकी डालर) (1) (2) (3) (4) 1 71 या 98 स्ट्िणड, दकसी भी रूप में, जिसके सम्बन्ध में अजधसूचना संख्या 531 प्रजत 10 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की प्रजिजष्ट संख्या ग्राम (अथाडत कोई 356 के अंतगडत लाभ प्राप्त दकया गया हो पररितडन नहीं) 2 71 या 98 रित, दकसी भी रूप में, जिसके सम्बन्ध में अजधसूचना संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की प्रजिजष्ट संख्या 698 प्रजत दकलोग्राम 357 के अंतगडत लाभ प्राप्त दकया गया हो (i) रित, पिकीय या रित जसक्कों से जभन्न दकसी भी रूप में, जिसकी रित अंतिडस्ट्तु 99.9 प्रजतित से कम नहीं ह ै या उपिीर्ड 7106 92 के अधीन आन े िाले रित के अधड जिजनर्मतड प्ररूप; 698 प्रजत दकलोग्राम (ii) पिकीय या रित जसक् के, जिसकी रित अंतिडस्ट्तु 99.9 3 71 प्रजतित से कम नहीं ह ै या डाक, कुररयर या सामान के माध्यम से ऐस े माल के आयात से जभन्न उपिीर्ड 7106 92 के अधीन आन ेिाले रित के अध डजिजनर्मडत प्ररूप। स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिनों के जलए, दकसी भी प्ररूप में रित के अंतगडत जिििे ी मुद्रा के जसक् के, रित से बने आभूर्ण या रित से बनी िस्ट्तुएं नहीं हैं। (i) स्ट्िणड बार, तोला बार से जभन्न, जिस पर जिजनमाडणकता ड या ररयाइनर का खुिा हुआ क्रम संख्यांक और जमररक यूजनटों में भार अजभव्यि है; (ii) स्ट्िणड जसक् के, जिसमें 99.5 प्रजतित से अन्यून स्ट्िणड 71 4 ह,ै और स्ट्िणड प्राजप्तया,ं डाक, कुररयर या बैगेि के माध्यम 531 प्रजत 10 से ऐसे माल के आयात से जभन्न। ग्राम (अथाडत कोई पररितडन नहीं)[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोिन के जलए, "स्ट्िणड प्राजप्तयां" से कोई छोटा संघटक, िैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच, स्ट्क्रू बैक, जिसका उपयोग पूणड आभूर्ण या उसके दकसी भाग को स्ट्थान में िोड़े रखने के जलए दकया िाता ह,ै अजभप्रेत ह।ै सारणी-3 क्रम. सं. अध्य ाय/िीर्ड/ टैररफ मूल् य उपिीर्ड/ टैररफ माल का जििरण (अमरीकी डालर प्रजत मि मीररक टन) (1) (2) (3) (4) 1 7333 (अथाडत कोई 080280 सुपारी पररितडन नहीं)” 2. यह अजधसूचना 11 निंबर, 2022 से प्रभािी होगी I [फा. सं. 467/01/2022-सीमा िल्ु क.V] हरीि कुमार, 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. 91/2022-सीमािुल्क (गै.टै.), दिनांक 31 अक् तूबर 2022, जिसे का.आ. 5078 (अ) दिनांक 31 अक्टूबर, 2022 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 10th November, 2022 No. 93/2022-CUSTOMS (N.T.) S.O. 5241(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 952 (i.e., no change) 2 1511 90 10 RBD Palm Oil 962 (i.e., no change) 3 1511 90 90 Others – Palm Oil 957 (i.e., no change) 4 1511 10 00 Crude Palmolein 968 (i.e., no change) 5 1511 90 20 RBD Palmolein 971 (i.e., no change) 6 1511 90 90 Others – Palmolein 970 (i.e., no change) 7 1507 10 00 Crude Soya bean Oil 1345 (i.e., no change) 8 7404 00 22 Brass Scrap (all grades) 4518 (i.e., no change)4 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 of 531 per 10 grams 1. 71 or 98 entries at serial number 356 of the Notification No. (i.e., no change) 50/2017-Customs dated 30.06.2017 is availed Silver, in any form, in respect of which the benefit of 2. 71 or 98 entries at serial number 357 of the Notification No. 698 per kilogram 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 71 forms of silver falling under sub-heading 7106 698 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 531 per 10 grams (i.e., 71 such goods through post, courier or baggage. no change) 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 (i.e., no change)” 2. This notification shall come into force with effect from the 11th day of November, 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. 91/2022-Customs (N.T.), dated the 31st October, 2022, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 5078(E), dated 31st 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.

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