Home India Ministry of Finance In exercise of the powers conferred by sub section (2) of se...
Date: 2022-04-13 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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Okay, I understand. Let's analyze the provided policy text and generate the report. **Report on Customs Notification No. 33/2022-Customs (N.T.)** **1. Executive Summary:** This report analyzes Customs Notification No. 33/2022-Customs (N.T.), dated April 13, 2022. This notification amends a previous notification (No. 36/2001-Customs (N.T.)) by substituting new tables that specify tariff values for various goods, including palm oil, soybean oil, brass scrap, gold, silver, and areca nuts. The core purpose is to update these tariff values for customs assessment. The key finding is that the amendment directly impacts importers and exporters of the specified goods by altering the basis for calculating customs duties. **2. Introduction:** This report aims to provide an informative overview of Customs Notification No. 33/2022-Customs (N.T.), based solely on the content of the provided text. The analysis focuses on understanding the changes introduced by this notification and their potential impact. **3. Policy Overview:** * This notification is an *amendment* to the original policy: Notification No. 36/2001-Customs (N.T.), dated August 3, 2001. * **Core Objective:** To update tariff values for specific imported goods to determine customs duties according to Section 14(2) of the Customs Act, 1962. **4. Background and Rationale:** The likely reason for this amendment is to adjust tariff values to reflect current market prices or other relevant economic factors. Since the original notification dates back to 2001, periodic updates are necessary to ensure accurate valuation of goods for customs purposes and fair revenue collection. The text does not provide the specific economic drivers for the change, but the substitution of tables implies that the previous values are no longer considered appropriate. **5. Key Provisions / Changes:** This notification amends Notification No. 36/2001-Customs (N.T.) by *substituting* the original Tables 1, 2, and 3 with new tables containing updated information. Here's a breakdown of the key changes: * **Table 1:** Specifies tariff values (in US Dollars per Metric Tonne) for various types of palm oil (Crude Palm Oil, RBD Palm Oil, Others Palm Oil, Crude Palmolein, RBD Palmolein, Others Palmolein), Crude Soybean Oil, and Brass Scrap (all grades). The amendment changes the tariff values for these goods. For example, Crude Palm Oil changes from the previous value to 1605 US$ per metric tonne. * **Table 2:** Specifies tariff values for Gold and Silver. The amendment changes the tariff value for gold in any form, and silver in any form. It also specifies conditions pertaining to the purity of Silver as well as gold bars and coins. * **Table 3:** Specifies the tariff value (in US Dollars per Metric Tonne) for Areca nuts. The tariff value has changed. **Difference/Effect of the Change:** The amendment directly alters the "tariff value" used for calculating customs duties on the specified goods. An increased tariff value would likely result in higher customs duties, while a decreased tariff value would result in lower duties. The specific impact on duty amounts depends on the magnitude of the change for each item. **6. Target Audience and Stakeholders:** The primary target audience and 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, Gold, Silver, and Areca nuts. * Customs brokers and agents who handle import/export documentation and duty calculations. * The Central Board of Indirect Taxes and Customs (CBIC) and other government agencies involved in customs administration. **7. Implementation Aspects (Inferred):** * **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) under the Department of Revenue, Ministry of Finance, is responsible for implementing and enforcing this notification. * **Timeline:** The notification comes into effect on April 14, 2022. * **Procedures:** Customs officials will use the new tariff values specified in the amended tables when assessing duties on imported goods. Importers and exporters will need to ensure that their import/export declarations reflect these updated values. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of these specific changes is to: * Update the valuation of specified goods for customs purposes, ensuring that duties are assessed based on current market conditions. * Potentially impact the cost of importing/exporting these goods, depending on whether the tariff values have increased or decreased. This could affect trade volumes and competitiveness. * Maintain or adjust revenue collection from customs duties on these commodities. **9. Conclusion:** Customs Notification No. 33/2022-Customs (N.T.) represents an update to the tariff values for a range of imported goods, including palm oil, soybean oil, brass scrap, gold, silver and areca nuts. These changes impact businesses engaged in the import and export of these items by altering the basis on which customs duties are calculated. It's important for affected stakeholders to review the new tariff values and adjust their import/export strategies accordingly.

Key Entities Referenced

Customs Act, 1962: A legal act referenced for conferring powers related to amendments. Central Board of Indirect Taxes and Customs: The organization responsible for making amendments to notifications related to customs. New Delhi: The city where the notification was issued. Crude Palm Oil: A type of goods with specific tariff value RBD Palm Oil: A type of goods with specific tariff value Others Palm Oil: A type of goods with specific tariff value Crude Palmolein: A type of goods with specific tariff value RBD Palmolein: A type of goods with specific tariff value Others Palmolein: A type of goods with specific tariff value Crude Soya bean Oil: A type of goods with specific tariff value Brass Scrap: A type of goods with specific tariff value Notification No. 502017Customs: A notification mentioned in relation to gold and silver Areca nuts: A type of goods with specific tariff value HARISH KUMAR: Under Secretary who issued the notification Ministry of Finance, Department of Revenue: The government ministry and department under which the notification is issued.
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रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलx.x-GअID.-E1x3xx0 42022-235144 CG-DL-E-13042022-235144 असाधारण EXTRAORDINARY भाग II—खण्ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 1735] नई ददल्ली, बधु िार, अप्रलै 13, 2022/चत्रै 23, 1944 No. 1735] NEW DELHI, WEDNESDAY, APRIL 13, 2022/CHAITRA 23, 1944 जित्त मत्रं ालय (राजस्ट्ि जिभाग) (केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोड)ड अजधसचू ना नई ददल्ली, 13 अप्रैल, 2022 स.ं 33/2022-सीमा िल्ु क (ग.ैट.ै) का.आ. 1824(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 होने पर दक ऐसा करना आिश्यक एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क (ग.ै ट.ै ), 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) 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.ं अध् याय/िीर्/ड उपिीर्/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 1605 2 1511 90 10 आर बी डी पॉम ऑयल 1654 2686 GI/2022 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3 1511 90 90 अन् य पॉम ऑयल 1630 4 1511 10 00 कच्चा पामोजलन 1660 5 1511 90 20 आर बी डी पामोलीन 1663 6 1511 90 90 अन्य पामोलीन 1662 7 1507 10 00 सोयाबीन का कच च् ा तेल 1677 8 7404 00 22 पीतल स क्र् ेप (सभी ग्रेड) 6065 सारणी-2 क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य उपिीर्/ड टैररफ माल का जििरण (अमरीकी डालर) मद (1) (2) (3) (4) 1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध म ें अजधसूचना 631 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 म,ें जजसके सम्बन्ध म ें अजधसूचना 816 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 अध ड जिजनर्ममत प्ररूप; (ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्त ु 99.9 816 प्रजत 3 71 प्रजतित से कम नहीं ह ै या डाक, कुररयर या सामान के दकलोग्राम माध्यम स े 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 िस्ट्तुए ंनहीं ह।ैं (i) स्ट्िणड बार, तोला बार से जभन्न, जजस पर जिजनमाडणकता ड या ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक यूजनटों में भार अजभव्यि ह;ै (ii) स्ट्िणड जसक्के, जजसमें 99.5 प्रजतित स े अन्यून स्ट्िण ड ह,ै और स्ट्िणड प्राजप्तयां, डाक, कुररयर या बैगेज के माध्यम स े 4 71 ऐसे माल के आयात से जभन्न। 631 प्रजत 10 ग्राम 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.ं अध् याय/िीर्/ड टैररफ मूल य् माल का जििरण उपिीर्/ड टैररफ मद (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 080280 सुपारी 5477” 2. यह अजधसूचना 14 अप्रैल, 2022 से प्रभािी होगी I [फा. स.ं 467/01/2022-सीमा िुल्क –V] हरीि कुमार, अिर सजचि नोट : मूल अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खंड-3, उपखंड (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.ं 31/2022-सीमािुल्क (ग.ै ट.ै ), ददनांक 31 माचड, 2022, जजसे का.आ. 1547 (अ) ददनांक 31 माच,ड 2022 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 13th April, 2022 No. 33/2022-CUSTOMS (N.T.) S.O. 1824(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 1605 2 1511 90 10 RBD Palm Oil 1654 3 1511 90 90 Others – Palm Oil 1630 4 1511 10 00 Crude Palmolein 1660 5 1511 90 20 RBD Palmolein 1663 6 1511 90 90 Others – Palmolein 1662 7 1507 10 00 Crude Soya bean Oil 1677 8 7404 00 22 Brass Scrap (all grades) 60654 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 98 631 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 98 816 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 71 forms of silver falling under sub-heading 7106 816 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. 631 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/ Description of goods Tariff value No. sub-heading/tariff (US $ Per Metric Tonne) item (1) (2) (3) (4) 1 080280 Areca nuts 5477‖[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 5 2. This notification shall come into force with effect from the 14th 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. 31/2022-Customs (N.T.), dated the 31st March, 2022, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 1547 (E), dated 31st March, 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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