Date: 2021-09-15Category: 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: Amendment to Customs Notification No. 362001-Customs (N.T.) Regarding Tariff Values
**1. Executive Summary:**
This report analyzes Notification No. 73/2021-Customs (N.T.), dated September 15, 2021, which amends Notification No. 36/2001-Customs (N.T.) concerning tariff values for imported goods. The core purpose of this amendment, as evidenced by the provided text, is to update the tariff values for various goods, including palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts, based on market fluctuations and/or government policy. The key finding is that the amendment revises the specific US Dollar per Metric Tonne (or per 10 grams/kilogram for precious metals) values used for customs valuation, impacting import costs for affected businesses.
**2. Introduction:**
This report provides an informative analysis of Notification No. 73/2021-Customs (N.T.), dated September 15, 2021. The analysis is based solely on the text of the notification provided and aims to inform stakeholders about the specific changes introduced and their likely implications.
**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 tariff values for specific imported goods to reflect current market conditions and/or implement governmental trade policies. This is achieved through the substitution of existing tables with revised ones containing new tariff values.
**4. Background and Rationale:**
As the provided text constitutes an amendment, the rationale centers on the need to *revise* existing tariff values. The presence of updated "TABLE1, TABLE2, and TABLE3" suggests that the previous values were deemed outdated or inaccurate. Market fluctuations in the price of commodities like palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts, changing international trade dynamics, or a policy decision to adjust the effective cost of these imports are all potential reasons for the amendment. The amendment ensures that customs duties are calculated based on values closer to the current economic reality.
**5. Key Provisions / Changes:**
The amendment replaces "TABLE1, TABLE2, and TABLE3" of the original Notification No. 36/2001-Customs (N.T.) with new tables. The key changes are:
* **Table 1:** Updates tariff values for various palm oil types (Crude Palm Oil, RBD Palm Oil, Others Palm Oil, Crude Palmolein, RBD Palmolein, Others Palmolein), Crude Soya bean Oil and Brass Scrap (all grades), expressed in US Dollars per Metric Tonne. **The change involves setting new, specific USD/MT values for each of these items. This directly impacts the import cost calculation for these goods, as the customs duty will be levied on these newly specified tariff values instead of the previous ones.**
* **Table 2:** Updates tariff values for Gold and Silver, in various forms. Includes conditions for benefiting from Notification No. 50/2017-Customs and 765/2017-Customs dated 30.06.2017. **The change here is the setting of new, specific tariff values in USD per 10 grams (Gold) and per kilogram (Silver) for these items under the conditions outlined. Importers must ensure they meet the specified conditions to avail of these tariff values. For goods not meeting the conditions, the applicable tariff value might differ.**
* **Table 3:** Updates the tariff value for Areca nuts, expressed in US Dollars per Metric Tonne. **The change is the specific value assigned to this product. This will directly affect importers of areca nuts.**
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders affected by these changes are:
* Importers of palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts.
* Customs brokers and agents involved in import procedures.
* Businesses involved in the trading and processing of these commodities.
* Government agencies involved in customs administration and revenue collection (Central Board of Indirect Taxes and Customs).
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) is the responsible body for issuing and implementing the notification.
* **Timeline:** The notification explicitly states that it comes into force on **September 16, 2021.**
* **Procedure:** Importers are required to use the revised tariff values specified in the new tables for calculating customs duties on goods imported on or after September 16, 2021. Adherence to Notification No. 50/2017-Customs and 765/2017-Customs dated 30.06.2017 is required for Gold and Silver import.
**8. Expected Outcomes / Impact of Changes:**
The intended outcome of these specific changes is to:
* Update customs valuation to reflect current market prices.
* Potentially impact the cost of importing the listed goods, depending on the difference between the previous and revised tariff values. This could affect the competitiveness of importers and the pricing of related products in the domestic market.
* Ensure accurate collection of customs revenue by aligning tariff values with market realities.
**9. Conclusion:**
Notification No. 73/2021-Customs (N.T.) is a significant amendment impacting the tariff values of imported palm oil, soya bean oil, brass scrap, gold, silver, and areca nuts. It revises the values used for customs duty calculation, reflecting changing market dynamics. Importers must be aware of these changes and their effective date to ensure compliance and accurately assess the cost implications for their businesses. The updated tariff values are crucial for the smooth and transparent operation of customs procedures and trade activities.
Key Entities Referenced
New Delhi: Location of the notification, likely the city in Delhi, India.
September 15, 2021: Date of the notification.
Customs Act, 1962: Indian Legislation regarding customs duties. (52 of 1962)
Central Board of Indirect Taxes and Customs: An Indian government organization responsible for indirect taxes and customs.
Ministry of Finance, Department of Revenue: A department of the Indian government responsible for finances.
August 3, 2001: Date of the principal notification being amended.
September 16, 2021: Effective date of the notification.
August 31, 2021: Date of a previous amendment to the principal notification.
KOMILA PUNIA: Dy. Secy., signatory of the notification.
Crude Palm Oil: Description of goods.
RBD Palm Oil: Description of goods.
Palm Oil: Description of goods.
Crude Palmolein: Description of goods.
RBD Palmolein: Description of goods.
Palmolein: Description of goods.
Crude Soya bean Oil: Description of goods.
Brass Scrap: Description of goods.
Gold: Description of goods.
Silver: Description of goods.
Areca nuts: Description of goods.
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-15092021-229656
xxxGIDHxxx
CG-DL-E-15092021-229656
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.ं 3481] नई ददल्ली, बुधिार, जसतम्ब र 15, 2021/भाद्र 24, 1943
No. 3481] NEW DELHI, WEDNESDAY, SEPTEMBER 15, 2021/BHADRA 24, 1943
जित्त मंत्रालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड)
अजधसचू ना
नई ददल्ली, 15 जसतम्बर, 2021
स.ं 73/2021-सीमा िल्ु क (ग.ैटै.)
का.आ. 3793(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत् त
िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात स े संतुष्ट होन ेपर दक ऐसा करना आिश्यक
एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क
(ग.ै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, उपखडं (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 जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
जाएाँगी, अथाडत:्-
"सारणी-1
क्रम. स.ं अध य् ाय/िीर्ड/उपिीर्/ड टैररफ मूल य्
माल का जििरण
टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1130
2 1511 90 10 आर बी डी पॉम ऑयल 1153
5202 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन य् पॉम ऑयल 1142
4 1511 10 00 कच्चा पामोजलन 1160
5 1511 90 20 आर बी डी पामोलीन 1163
6 1511 90 90 अन्य पामोलीन 1162
7 1507 10 00 सोयाबीन का कच च् ा तेल 1328
8 7404 00 22 पीतल स क्र् ेप (सभी ग्रेड) 5434
सारणी-2
क्रम. स.ं अध य् ाय/िीर्ड/ टैररफ मूल य्
माल का जििरण
उपिीर्/ड टैररफ मद
(अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध म ें अजधसूचना 578 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की
प्रजिजष्ट संख्या 356 के अतं गतड लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप में, जजसके सम्बन्ध म ें अजधसूचना 765
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की
प्रजत दकलोग्राम
प्रजिजष्ट संख्या 357 के अतं गतड लाभ प्राप्त दकया गया हो
(i) रजत, पदकीय या रजत जसक्कों स े जभन्न दकसी भी रूप म,ें
जजसकी रजत अंतिडस्ट्त ु 99.9 प्रजतित स े कम नहीं ह ै या
उपिीर् ड 7106 92 के अधीन आन े िाले रजत के अधड
जिजनर्ममत प्ररूप;
(ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्त ु 99.9 765 प्रजत दकलोग्राम
3 71 प्रजतित स े कम नहीं ह ै या डाक, कुररयर या सामान के
माध्यम से ऐसे माल के आयात स े जभन्न उपिीर् ड 7106 92 के
अधीन आन ेिाले रजत के अध डजिजनर्ममत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजनों के जलए, दकसी भी
प्ररूप म ें रजत के अंतगतड जिदेिी मुद्रा के जसक्के, रजत स े बने
आभूर्ण या रजत स े बनी िस्ट्तुएं नहीं ह।ैं
(i) स्ट्िण ड बार, तोला बार स े जभन्न, जजस पर जिजनमाडणकताड
या ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक यूजनटों
म ेंभार अजभव्यि ह;ै
(ii) स्ट्िणड जसक्के, जजसमें 99.5 प्रजतित स े अन्यून स्ट्िण ड ह,ै और
स्ट्िण ड प्राजप्तयां, डाक, कुररयर या बैगेज के माध्यम से ऐसे 578 प्रजत 10 ग्राम
4 71 माल के आयात स ेजभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, "स्ट्िण ड प्राजप्तयां"
स े कोई छोटा संघटक, जैसे हुक, क्लास्ट्प, क्लैंप, जपन, कैच,
स्ट्क्रू बैक, जजसका उपयोग पूण ड आभूर्ण या उसके दकसी भाग
को स्ट्थान म ें जोड़े रखन े के जलए दकया जाता ह,ै अजभप्रेत ह।ै[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 3
सारणी-3
क्रम. स.ं अध य् ाय/िीर्ड/ टैररफ मूल य्
माल का जििरण
उपिीर्/ड टैररफ मद
(अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 5149 (अथाडत कोई पररितडन नहीं)
2. यह अजधसूचना 16 जसतम्बर, 2021 से प्रभािी होगी I
[फा. स.ं 467/01/2021-सीमा िुल्क –V]
कोजमला पुजनया, उप सजचि
नोट : मलू अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खडं -3, उपखडं (ii) म ें अजधसूचना सं. 36/2001-सीमा
िुल क् (ग.ैटै.), ददनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी,
तथा यह अंजतम बार अजधसूचना स.ं 69/2021-सीमािुल्क (ग.ैटै.), ददनांक 31 अगस्ट्त, 2021, जजसे
का.आ. 3559 (अ) ददनांक 31 अगस्ट्त, 2021 के तहत भारत के राजपत्र, असाधारण के भाग-II, खंड-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 15th September, 2021
No. 73/2012-CUSTOMS (N.T.)
S.O. 3793(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/
Tariff value
Sl. No. sub-heading/tariff Description of goods
(US $Per Metric Tonne)
item
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1130
2 1511 90 10 RBD Palm Oil 1153
3 1511 90 90 Others – Palm Oil 1142
4 1511 10 00 Crude Palmolein 1160
5 1511 90 20 RBD Palmolein 11634 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
6 1511 90 90 Others – Palmolein 1162
7 1507 10 00 Crude Soya bean Oil 1328
8 7404 00 22 Brass Scrap (all grades) 5434
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
71 or 98 entries at serial number 356 of the Notification No. 578 per 10 grams
1.
50/2017-Customs dated 30.06.2017 is availed
Silver, in any form, in respect of which the benefit of
71 or 98 entries at serial number 357 of the Notification No. 765 per kilogram
2.
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;
(ii) Medallions and silver coins having silver
content not below 99.9% or semi-manufactured forms
3. 71 765 per kilogram
of silver falling under 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.
(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 of such goods
4. 71 578 per 10 grams
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/ Description of goods
Tariff value
No. sub-heading/tariff
(US $ Per Metric Tonne)
item
(1) (2) (3) (4)
1 080280 Areca nuts 5149 (i.e., no change)[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 5
2. This notification shall come into force with effect from the 16th day of September, 2021.
[F. No. 467/01/2021-Cus-V]
KOMILA PUNIA, 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. 69/2021-Customs (N.T.), dated the 31st August, 2021, e-published in the Gazette of
India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3559(E), dated
31st August, 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.