Date: 2022-04-29Category: 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.)
## Policy Analysis Report: Notification No. 37/2022-Customs (N.T.)
**1. Executive Summary:**
This report analyzes Notification No. 37/2022-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs (CBIC). This notification amends a previous notification (No. 36/2001-Customs N.T.) by substituting existing tables with updated tariff values for specific goods, including palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts. The core purpose is to revise the tariff values used for customs assessment, potentially impacting import duties and trade for the affected commodities.
**2. Introduction:**
This report aims to provide a detailed analysis of Notification No. 37/2022-Customs (N.T.), focusing on the changes it introduces to existing customs regulations. The analysis is based solely on the information provided within the notification text.
**3. Policy Overview:**
* This notification is an **amendment** to the original Notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Core Objective:** The primary objective, inferred from the text, is to update and revise the tariff values for specific imported goods.
**4. Background and Rationale:**
This notification amends a previous one, suggesting that tariff values for the listed goods needed updating to reflect current market conditions or policy adjustments. The specific reasons for the changes are not stated within the text, but the amendment signifies a need to adjust customs duties based on these revised values. The fact that several commodities are being updated suggests a periodic review and adjustment mechanism is in place.
**5. Key Provisions / Changes:**
This notification amends Notification No. 36/2001-Customs N.T. by replacing TABLE1, TABLE2, and TABLE3. The changes are as follows:
* **TABLE 1:** Modifies the tariff values for various types of Palm Oil (Crude, RBD, Others), Crude Palmolein, RBD Palmolein, Others Palmolein and Crude Soya bean Oil and Brass Scrap. For example, Crude Palm Oil (Tariff item 1511 10 00) changes to US$1652 Per Metric Tonne. Brass Scrap all grades (Tariff item 7404 00 22) changes to US$6055 Per Metric Tonne.
* **TABLE 2:** Modifies the tariff values for Gold and Silver in various forms.
* Gold, in any form, where benefit of Notification No. 608/2017-Customs is availed changes to US$502017 per 10 grams.
* Silver, in any form, where benefit of Notification No. 757/2017-Customs is availed changes to US$502017 per kilogram.
* Silver (other than medallions/coins with silver content >= 99.9% or semi-manufactured forms under subheading 7106 92) changes to US$710692 per kilogram.
* Medallions/coins (with silver content >= 99.9% or semi-manufactured forms under subheading 7106 92, but *excluding* imports through post, courier, or baggage) changes to US$757 per kilogram.
* Gold bars and gold coins changes to US$608 per 10 grams.
* **TABLE 3:** Modifies the tariff value for Areca nuts to US$5477 Per Metric Tonne.
The effect of these changes is to implement new benchmark prices for customs valuation purposes. This directly affects the calculation of import duties, potentially increasing or decreasing the duties payable depending on whether the new tariff values are higher or lower than the previous ones.
**6. Target Audience and Stakeholders:**
The primary stakeholders affected by this notification are:
* Importers and exporters of palm oil, palmolein, soya bean oil, brass scrap, gold, silver, and areca nuts.
* Customs brokers and agents involved in import/export transactions.
* Businesses that utilize these commodities as inputs in their manufacturing processes.
* The Central Board of Indirect Taxes and Customs (CBIC).
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) is responsible for implementing and enforcing this notification.
* **Timeline:** The notification comes into effect on April 30, 2022.
* **Procedures:** Importers will need to use the revised tariff values specified in the notification for customs declarations and duty calculations. Customs officials will use these values to assess duties.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these changes is to align customs valuation with current market prices for the specified commodities. This may lead to:
* Adjustments in import costs for businesses dealing with these goods.
* Changes in the government's revenue from import duties.
* Potential impacts on the competitiveness of domestic industries that use these imported commodities.
* Potentially influencing the trade volume of these commodities.
**9. Conclusion:**
Notification No. 37/2022-Customs (N.T.) introduces crucial amendments to customs regulations by updating tariff values for a range of imported goods, including palm oil, soya bean oil, brass scrap, gold, silver and areca nuts. This amendment is likely to have a direct impact on businesses involved in the import and export of these commodities, influencing their costs and potentially affecting trade flows. The implementation date is April 30, 2022, and stakeholders need to be aware of these changes to ensure compliance and accurate duty calculations.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Department of Revenue: A department within the Ministry of Finance.
Central Board of Indirect Taxes and Customs: A board under the Department of Revenue responsible for indirect taxes and customs.
New Delhi: The location of the notification, likely the capital of India.
Customs Act, 1962: An Indian law related to customs duties and regulations.
Notification No. 362001Customs N.T.: A previous notification related to customs, dated 3rd August, 2001.
Gazette of India: The official government gazette of India.
Notification No. 608Customs dated 30.06.2017: A notification related to customs dated 30th June 2017
Notification No. 502017Customs dated 30.06.2017: A notification related to customs dated 30th June 2017
Notification No. 332022Customs N.T.: A previous notification related to customs, dated the 13th April, 2022.
HARISH KUMAR: Under Secretary, signatory of the notification.
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एल.-अ.-29042022-235441
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CG-DL-E-29042022-235441
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1930] नई ददल्ली, िक्रु िार, अप्रलै 29, 2022/ििै ाख 9, 1944
No. 1930] NEW DELHI, FRIDAY, APRIL 29, 2022/VAISAKHA 9, 1944
जित्त मत्रं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोड)ड
अजधसचू ना
नई ददल्ली, 29 अप्रैल, 2022
स.ं 37/2022-सीमा िल्ु क (ग.ैटै.)
का.आ. 2030(अ).—सीमा िल्ु क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत् त िजतियय का
प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एिं सीमा िुल्क बोडड, इस बात से संतुष्ट होने पर दक ऐसा करना आिश्यक एिं समीचीन है,
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, उपखंड (ii) में प्रकाजित
दकया गया था, में जनम्नजलजखत संिोधन करता है, अथाडत्:-
उक् त अजधसूचना में, सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की जाएाँगी,
अथाडत्:-
"सारणी-1
क्रम. सं. अध्य ाय/िीष/ड/उपिीष/ड/ टैररफ मूल् य
माल का जििरण
टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1652
2 1511 90 10 आर बी डी पॉम ऑयल 1714
2987 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन् य पॉम ऑयल 1683
4 1511 10 00 कच्चा पामोजलन 1720
5 1511 90 20 आर बी डी पामोलीन 1723
6 1511 90 90 अन्य पामोलीन 1722
7 1507 10 00 सोयाबीन का कच् चा तेल 1750
8 7404 00 22 पीतल स्ट्क्र ेप (सभी ग्रेड) 6055
सारणी-2
क्रम. सं. अध्य ाय/िीष/ड/ टैररफ मूल् य
माल का जििरण
उपिीष/ड/ टैररफ मद (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना संख्या 608 प्रजत 10 ग्राम
50/2017-सीमा िुल्क, ददनांक 30.06.2017 की प्रजिजष्ट संख्या
356 के अंतगडत लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना संख्या 757
50/2017-सीमा िुल्क, ददनांक 30.06.2017 की प्रजिजष्ट संख्या प्रजत दकलोग्राम
357 के अंतगडत लाभ प्राप्त दकया गया हो
(i) रजत, पदकीय या रजत जसक्क से जभन्न दकसी भी रूप में,
जजसकी रजत अंतिडस्ट्तु 99.9 प्रजतित से कम नहीं ह ैया उपिीष/ ड
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 माध्यम
757 प्रजत दकलोग्राम
से ऐसे माल के आयात से जभन्न उपिीष/ड 7106 92 के अधीन
3 71
आने िाले रजत के अधड जिजनर्ममत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, दकसी भी प्ररूप म ें
रजत के अंतगडत जिदिे ी मुद्रा के जसक्के, रजत से बने आभूष/ण या
रजत से बनी िस्ट्तुएं नहीं ह।ैं
(i) स्ट्िणड बार, तोला बार से जभन्न, जजस पर जिजनमाडणकताड या
ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक यूजनट में भार
अजभव्यतिय है;
(ii) स्ट्िणड जसक्के, जजसमें 99.5 प्रजतित से अन्यून स्ट्िणड है, और
स्ट्िणड प्राजप्तया,ं डाक, कुररयर या बैगेज के माध्यम से ऐसे माल के
आयात से जभन्न।
4 71 608 प्रजत 10 ग्राम
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, "स्ट्िणड प्राजप्तयां" स े
कोई छोटा संघटक, जैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच, स्ट्क्रू
बैक, जजसका उपयोग पूणड आभूष/ण या उसके दकसी भाग को
स्ट्थान में जोड़े रखने के जलए दकया जाता है, अजभप्रेत ह।ै
सारणी-3
क्रम. सं. अध्य ाय/िीष/ड/ टैररफ मूल् य
माल का जििरण
उपिीष/ड/ टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 5477 (अथाडत कोई पररितडन नहीं)”
2. यह अजधसूचना 30 अप्रैल, 2022 से प्रभािी होगी I
[फा. सं. 467/01/2022-सीमा िल्ु क –V]
हरीि कुमार, अिर सजचि[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 3
नोट : मूल अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खंड-3, उपखंड (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. 33/2022-सीमािल्ु क (गै.टै.), ददनांक 13 अप्रैल, 2022, जजसे का.आ. 1824 (अ) ददनांक 13 अप्रैल, 2022 के
तहत भारत के राजपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) में ई-प्रकाजित दकया गया था, के द्वारा संिोजधत की गई थी।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 29th April, 2022
No. 37/2022-CUSTOMS (N.T.)
S.O. 2030(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 1652
2 1511 90 10 RBD Palm Oil 1714
3 1511 90 90 Others – Palm Oil 1683
4 1511 10 00 Crude Palmolein 1720
5 1511 90 20 RBD Palmolein 1723
6 1511 90 90 Others – Palmolein 1722
7 1507 10 00 Crude Soya bean Oil 1750
8 7404 00 22 Brass Scrap (all grades) 6055
TABLE-2
Sl. Chapter/ heading/ sub- Description of goods Tariff value
No. heading/tariff item (US $)
(1) (2) (3) (4)
Gold, in any form, in respect of which the benefit of
1. 71 or 98 entries at serial number 356 of the Notification No. 608 per 10 grams
50/2017-Customs dated 30.06.2017 is availed
Silver, in any form, in respect of which the benefit
2. 71 or 98 of entries at serial number 357 of the Notification 757 per kilogram
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;
71 (ii) Medallions and silver coins having silver 757 per kilogram
3. content not below 99.9% or semi-manufactured
forms of silver falling under sub-heading 7106 92,
other than imports of such goods through post,
courier or baggage.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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 such
71 608 per 10 grams
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. Chapter/ heading/ sub- Description of goods Tariff value
No. heading/tariff item (US $ Per Metric Tonne)
(1) (2) (3) (4)
1 080280 Areca nuts 5477(i.e., no change)‖
2. This notification shall come into force with effect from the 30th day of April, 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. 33/2022-Customs (N.T.),
dated the 13th April, 2022, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section
(ii), vide number S.O. 1824 (E), dated 13th April, 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.