Executive Summary:
This notification from the Ministry of Finance, Department of Revenue, amends a previous notification regarding customs tariffs. It substitutes new tables specifying tariff values for various goods, including palm oil, soya bean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. The notification is issued by the Central Board of Excise and Customs, under the powers conferred by the Customs Act of 1962.
Key Points / Main Content:
* **Amendment:** This notification amends Notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Table Substitution:** TABLE 1, TABLE 2, and TABLE 3 in the original notification are replaced with new tables.
* **TABLE 1: Tariff Values for Various Goods (USD per Metric Tonne):**
* Crude Palm Oil: 704
* RBD Palm Oil: 724
* Others Palm Oil: 714
* Crude Palmolein: 737
* RBD Palmolein: 740
* Others Palmolein: 739
* Crude Soya bean Oil: 845
* Brass Scrap (all grades): 3028
* Poppy seeds: 2533
* **TABLE 2: Tariff Values for Gold and Silver:**
* Gold (benefit of entries 71 or 98 at serial number 321 and 323 of Notification No. 410-Customs dated 17.03.2012): 122012 per 10 grams
* Silver (benefit of entries 71 or 98 at serial number 322 and 324 of the Notification No. 576-Customs dated 17.03.2012): 122012 per kilogram
* **TABLE 3: Tariff Values for Areca Nuts (USD per Metric Tonne):**
* Areca nuts: 2621
Impact Analysis:
**Importers/Exporters of Goods Listed in Tables:**
* Impact: Changes in tariff values will directly affect the cost of importing and exporting the specified goods, potentially influencing profitability and trade volumes.
* Action Required: Need to review and adjust pricing and financial strategies based on the revised tariff values.
**Customs Officials:**
* Impact: Responsible for enforcing the new tariff values and ensuring accurate assessment of duties on imported and exported goods.
* Action Required: Must update their systems and procedures to reflect the changes and ensure compliance with the new notification.
**Consumers:**
* Impact: Indirectly affected through potential changes in the prices of goods that use the impacted commodities as inputs.
* Action Required: Monitor price fluctuations of related goods.
Key Entities Referenced
Customs Act, 1962: An act of parliament to consolidate and amend the law relating to customs.
Central Board of Excise and Customs: A government agency responsible for the administration of indirect taxes like customs duty, central excise duty, service tax and narcotics in India.
Ministry of Finance: A ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury.
Department of Revenue: A department within the Ministry of Finance in the Government of India.
New Delhi: The capital of India.
Gazette of India: A public journal and an authorized legal document of the Government of India, published weekly by the Department of Publication, Ministry of Urban Development.
KSHITENDRA VERMA: Under Secretary in the Indian government, signing the notification.
Palm Oil: Mentioned in TABLE1 as an item with specific tariff values.
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx II—[k.M 3—mi&[k.M (ii)
PART II—Section 3—Sub-section (ii)
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
la- 2472] ubZ fnYyh] 'kqØokj] vDrwcj 14] 2016@vkf'ou 22] 1938
No. 2472] NEW DELHI, FRIDAY, OCTOBER 14, 2016/ASVINA 22, 1938
िव(cid:7004)त म(cid:7074)ं ालय
(राज(cid:7021)व िवभाग)
(के(cid:7008) (cid:7076)ीय उ(cid:7004)प ाद एवं सीमा श(cid:7016)ु क बोड(cid:6981))
अिधसचू ना
नई (cid:7408)द(cid:7016) ली, 14 अ(cid:6989) तूबर, 2016
स.ं126/2016-सीमा श(cid:7016)ु क (ग.ैटै.)
का. आ. 3205(अ).—सीमा शु(cid:7016) क अिधिनयम, 1962 (1962 का 52) क(cid:7409) धारा 14 क(cid:7409) उपधारा (2) (cid:7367)ारा (cid:7079)द(cid:7004) त
शि(cid:6989) तय(cid:7298) का (cid:7079)योग करते (cid:7263)ए, के(cid:7008) (cid:7076)ीय उ(cid:7004) पाद एवं सीमा शु(cid:7016) क बोड(cid:6981), इस बात से संतु(cid:7020) ट होने पर (cid:7408)क ऐसा करना आव(cid:7019) यक एवं
समीचीन ह,ै एत(cid:7375)ारा, भारत सरकार, िव(cid:7004) त मं(cid:7074)ालय (राज(cid:7021)व िवभाग) क(cid:7409) अिधसूचना सं. 36/2001-सीमा शु(cid:7016) क (गै. टै.),
(cid:7408)दनांक 3 अग(cid:7021)त, 2001, िजसे का.आ. 748 (अ), (cid:7408)दनांक 3 अग(cid:7021)त, 2001 के तहत (cid:7079)कािशत (cid:7408)कया गया था, म(cid:7286) िन(cid:7013) निलिखत
संशोधन करता ह,ै अथा(cid:6981)त्:-
उ(cid:6989) त अिधसूचना म(cid:7286), सारणी-1, सारणी-2 और सारणी-3 के (cid:7021)थान पर िन(cid:7388)िलिखत सारिणयाँ (cid:7079)ित(cid:7021)थािपत क(cid:7409)
जाएँगी, अथा(cid:6981)त:्-
"सारणी-1
(cid:7059)म. सं. अ(cid:7007) याय/शीष(cid:6981)/उपशीष(cid:6981)/ टै(cid:7407)रफ मू(cid:7016) य (अमरीक(cid:7409) डालर
माल का िववरण
टै(cid:7407)रफ मद (cid:7079)ित मी(cid:7407)(cid:7069)क टन)
(1) (2) (3) (4)
1 1511 10 00 क(cid:6994) चा पॉम ऑयल 704
2 1511 90 10 आर बी डी पॉम ऑयल 724
4842 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अ(cid:7008) य पॉम ऑयल 714
4 1511 10 00 क(cid:6994) चा पामोिलन 737
5 1511 90 20 आर बी डी पामोलीन 740
6 1511 90 90 अ(cid:7008) य पामोलीन 739
7 1507 10 00 सोयाबीन का क(cid:6994) चा तेल 845
8 7404 00 22 पीतल (cid:7021) (cid:7059)ेप (सभी (cid:7061)ेड) 3028
9 1207 91 00 पो(cid:7021) त बीज 2533
सारणी-2
(cid:7059)म. सं. अ(cid:7007) याय/शीष(cid:6981)/ टै(cid:7407)रफ मू(cid:7016)य
माल का िववरण
उपशीष(cid:6981)/ टै(cid:7407)रफ मद
(अमरीक(cid:7409) डालर)
(1) (2) (3) (4)
1 71 या 98 (cid:7021)वण(cid:6981), (cid:7408)कसी भी (cid:7272)प म(cid:7286), िजसके स(cid:7013)ब(cid:7008)ध म(cid:7286) अिधसूचना 410 (cid:7079)ित 10 (cid:7061)ाम
सं(cid:6990)या 12/2012-सीमा शु(cid:7016)क, (cid:7408)दनांक 17.03.2012 क(cid:7409) (cid:7079)िवि(cid:7397)
सं(cid:6990)या 321 और 323 के अंतग(cid:6981)त लाभ (cid:7079)ा(cid:7385) (cid:7408)कया गया हो
2 71 या 98 रजत, (cid:7408)कसी भी (cid:7272)प म(cid:7286), िजसके स(cid:7013)ब(cid:7008)ध म(cid:7286) अिधसूचना 576 (cid:7079)ित (cid:7408)कलो(cid:7061)ाम
सं(cid:6990)या 12/2012-सीमा शु(cid:7016)क, (cid:7408)दनांक 17.03.2012 क(cid:7409) (cid:7079)िवि(cid:7397)
सं(cid:6990)या 322 और 324 के अंतग(cid:6981)त लाभ (cid:7079)ा(cid:7385) (cid:7408)कया गया हो
सारणी-3
(cid:7059)म. सं. अ(cid:7007) याय/शीष(cid:6981)/ टै(cid:7407)रफ मू(cid:7016)य
उपशीष(cid:6981)/ टै(cid:7407)रफ मद माल का िववरण (अमरीक(cid:7409) डालर (cid:7079)ित मी(cid:7407)(cid:7069)क
टन)
(1) (2) (3) (4)
1 080280 सुपारी 2621”
[फा. सं. 467/01/2016-सीमा शु(cid:7016) क–V]
ि(cid:6979)त(cid:7286)(cid:7076) वमा(cid:6981), अवर सिचव
नोट : मूल अिधसूचना भारत के राजप(cid:7074), असाधारण के भाग-II, खंड-3, उपखंड (ii) म (cid:7286) अिधसूचना सं. 36/2001-सीमा शु(cid:7016)क
(ग.ैटै.), (cid:7408)दनांक 3 अग(cid:7021)त, 2001, का.आ. 748(अ), (cid:7408)दनांक 3 अग(cid:7021)त, 2001 के तहत (cid:7079)कािशत क(cid:7409) गई थी, तथा यह
अंितम बार अिधसूचना स.ं 123/2016-सीमाशु(cid:7016)क (गै.टै.), (cid:7408)दनांक 30 िसत(cid:7013)बर, 2016, िजसे का.आ. 3102(अ)
(cid:7408)दनांक 30 िसत(cid:7013)बर, 2016 के तहत भारत के राजप(cid:7074), असाधारण के भाग-II, खंड-3, उपखंड (ii) म(cid:7286) ई-(cid:7079)कािशत
(cid:7408)कया गया था, के (cid:7367)ारा संशोिधत क(cid:7409) गई थीI¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, the 14th October, 2016
No. 126 /2016-CUSTOMS (N.T.)
S.O. 3205(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 Excise & Customs, being satisfied that it is necessary and
expedient so to do, hereby makes the following amendment 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
Tariff value
Chapter/ heading/ sub-
Sl. No. Description of goods (US $ Per Metric
heading/tariff item
Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 704
2 1511 90 10 RBD Palm Oil 724
3 1511 90 90 Others – Palm Oil 714
4 1511 10 00 Crude Palmolein 737
5 1511 90 20 RBD Palmolein 740
6 1511 90 90 Others – Palmolein 739
7 1507 10 00 Crude Soya bean Oil 845
8 7404 00 22 Brass Scrap (all grades) 3028
9 1207 91 00 Poppy seeds 2533
TABLE-2
Sl. Chapter/ heading/ sub- Description of goods Tariff value
No. heading/tariff item (US $)
(1) (2) (3) (4)
1 Gold, in any form, in respect of which the benefit of entries
71 or 98 at serial number 321 and 323 of the Notification No. 410 per 10 grams
12/2012-Customs dated 17.03.2012 is availed
2 Silver, in any form, in respect of which the benefit of
71 or 98 entries at serial number 322 and 324 of the Notification No. 576 per kilogram
12/2012-Customs dated 17.03.2012 is availed
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 2621”
[F. No. 467/01/2016 -Cus-V]
KSHITENDRA VERMA, Under Secy.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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. 123/2016-Customs (N.T.), dated the 30th September, 2016, e-published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3102(E), dated 30th September, 2016.
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
(cid:32)
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.