Home India Ministry of Finance In exercise of the powers conferred by sub section 2 of sect...
Date: 2019-09-30 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

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Ministry of Finance, Department of Revenue, amends notification No. 36/2001-Customs N.T. dated August 3, 2001, regarding tariff values for specific goods. It substitutes existing tables with revised tariff values for various items, including palm oil, soybean oil, brass scrap, poppy seeds, gold, and silver. The notification is effective as of September 30, 2019. Key Points / Main Content: * **Amendment Authority:** The Central Board of Indirect Taxes and Customs is exercising powers under subsection (2) of section 14 of the Customs Act, 1962. * **Table Substitution:** TABLE1, TABLE2, and TABLE3 of the original notification are replaced. * **Revised Tariff Values (TABLE1):** * Crude Palm Oil: US \$551 per metric tonne * RBD Palm Oil: US \$570 per metric tonne * Others Palm Oil: US \$561 per metric tonne * Crude Palmolein: US \$571 per metric tonne * RBD Palmolein: US \$574 per metric tonne * Others Palmolein: US \$573 per metric tonne * Crude Soya bean Oil: US \$746 per metric tonne * Brass Scrap (all grades): US \$3446 per metric tonne * Poppy seeds: US \$3395 per metric tonne * **Revised Tariff Values (TABLE2):** * Gold (as specified): US \$479 per 10 grams * Silver (as specified): US \$565 per kilogram * Silver (other forms): US \$565 per kilogram * Gold bars/coins (as specified): US \$479 per 10 grams * **Revised Tariff Values (TABLE3):** * Areca nuts: US \$3915 per metric tonne Impact Analysis: * **Importers:** * Impact: Importers of goods listed in the tables will be subject to the revised tariff values, affecting import costs and duties. * Action Required: Update import documentation and cost calculations to reflect the new tariff values. * **Customs Officials:** * Impact: Customs officials must use the updated tariff values for assessing customs duties on relevant imported goods. * Action Required: Implement the new tariff values in customs assessment procedures. * **Businesses dealing with Gold and Silver:** * Impact: Revised tariff values for gold and silver in various forms. * Action Required: Update import documentation and cost calculations to reflect the new tariff values.

Key Entities Referenced

Customs Act, 1962: A law related to customs duties and regulations in India, mentioned in the context of exercising powers conferred by subsection 2 of section 14. Central Board of Indirect Taxes and Customs: A government organization under the Department of Revenue, Ministry of Finance, responsible for indirect taxes and customs administration in India. Ministry of Finance: A ministry of the Government of India responsible for financial matters. Department of Revenue: A department under the Ministry of Finance, Government of India. New Delhi: The location of the Central Board of Indirect Taxes and Customs. Gunjan Kumar Verma: Under Secretary signing the notification. Notification No. 362001Customs N.T.: A previous notification related to customs, dated August 3, 2001, being amended by this notification. Gazette of India: The official government publication where notifications are published.
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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- 3235] ubZ fnYyh] lkseokj] flrEcj 30] 2019@vkf'ou 8] 1941 No. 3235] NEW DELHI, MONDAY, SEPTEMBER 30, 2019/ASVINA 8, 1941 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3)तत तत मममम(cid:8)(cid:8)ंं(cid:8)(cid:8)ंं ााााललललयययय ((((ररररााााजजजज(cid:4)(cid:4)(cid:4)(cid:4)वव वव ििििववववभभभभाााागगगग)))) ((((ककककेेेे(cid:9)(cid:9)(cid:9)(cid:9)(cid:10)(cid:10) (cid:10)(cid:10) ीीीीयययय अअअअ(cid:13)(cid:13)(cid:13)(cid:13)(cid:14)(cid:14)(cid:14)(cid:14)यययय(cid:16)(cid:16)(cid:16)(cid:16) ककककरररर एएएएववववंं ंं ससससीीीीममममाााा शशशश(cid:19)(cid:19)ुु(cid:19)(cid:19)ुु कक कक बबबबोोोोडडडड))(cid:23)(cid:23)))(cid:23)(cid:23) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:1)द(cid:3)ल ी, 30 िसत(cid:10)बर, 2019 सससस...ंं.ंं 66667777////2222000011119999----ससससीीीीममममाााा शशशश(cid:14)(cid:14)ुु(cid:14)(cid:14)ुु कककक ((((गगगग..ैै..ैैटटटटैै..ैै..)))) ककककाााा....आआआआ.... 3333555544449999((((अअअअ))))....—सीमा श(cid:3)ु क अिधिनयम, 1962 (1962 का 52) क(cid:16) धारा 14 क(cid:16) उपधारा (2) (cid:17)ारा (cid:19)द(cid:20) त शि(cid:21)य(cid:23) का (cid:19)योग करते (cid:26)ए, के(cid:29)(cid:30) ीय अ(cid:19)(cid:20)य कर एवं सीमा शु(cid:3)क बोड," इस बात से संतु$ ट होन े पर (cid:1)क ऐसा करना आव( यक एवं समीचीन ह,ै एत)ारा, भारत सरकार, िव(cid:20) त मं+ालय (राज- व िवभाग) क(cid:16) अिधसचू ना सं. 36/2001-सीमा शु(cid:3)क (गै. टै.), (cid:1)दनाकं 3 अग-त, 2001, िजस ेका.आ. 748 (अ), (cid:1)दनाकं 3 अग-त, 2001 के तहत भारत के राजप+, असाधारण के भाग-II, खंड-3, उपखंड (ii) म 0(cid:19)कािशत (cid:1)कया गया था, म0 िन(cid:10)न िलिखत संशोधन करता ह,ै अथात" ्:— उ4त अिधसूचना म,0 सारणी-1, सारणी-2 और सारणी-3 के -थान पर िन5िलिखत सारिणया ँ (cid:19)ित-थािपत क(cid:16) जाएँगी, अथा"त:्— """"ससससााााररररणणणणीीीी----1111 7म. सं. अ8य ाय/शीष/"उपशीष/" टै;रफ मू(cid:3) य टै;रफ मद माल का िववरण (अमरीक(cid:16) डालर (cid:19)ित मी;>क टन) (1) (2) (3) (4) 1 1511 10 00 क? चा पॉम ऑयल 551 2 1511 90 10 आर बी डी पॉम ऑयल 570 5130 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3 1511 90 90 अ(cid:29) य पॉम ऑयल 561 4 1511 10 00 क? चा पामोिलन 571 5 1511 90 20 आर बी डी पामोलीन 574 6 1511 90 90 अ(cid:29) य पामोलीन 573 7 1507 10 00 सोयाबीन का क? चा तले 746 8 7404 00 22 पीतल -7 ेप (सभी Aेड) 3446 9 1207 91 00 पो- त बीज 3395 ससससााााररररणणणणीीीी----2222 7म. सं. अ8य ाय/शीष/" उपशीष"/ टै;रफ मू(cid:3) य टै;रफ मद माल का िववरण (अमरीक(cid:16) डालर) (1) (2) (3) (4) 1 71 या 98 -वण", (cid:1)कसी भी Cप म0, िजसके स(cid:10)ब(cid:29)ध म 0अिधसूचना 479 (cid:19)ित 10 Aाम सEं या 50/2017-सीमा शु(cid:3)क, (cid:1)दनाकं 30.06.2017 क(cid:16) (cid:19)िविF सEं या 356 के अंतग"त लाभ (cid:19)ाG (cid:1)कया गया हो 2 71 या 98 रजत, (cid:1)कसी भी Cप म,0 िजसके स(cid:10)ब(cid:29)ध म 0अिधसूचना 565 (cid:19)ित सEं या 50/2017-सीमा शु(cid:3)क, (cid:1)दनाकं 30.06.2017 क(cid:16) (cid:1)कलोAाम (cid:19)िविF सEं या 357 के अंतग"त लाभ (cid:19)ाG (cid:1)कया गया हो 3 71 (i) रजत, पदक(cid:16)य या रजत िसH(cid:23) स ेिभJ (cid:1)कसी भी Cप म,0 565 (cid:19)ित िजसक(cid:16) रजत अंतव"-तु 99.9 (cid:19)ितशत स े कम नहL ह ै या (cid:1)कलोAाम उपशीष " 7106 92 के अधीन आन े वाल े रजत के अध " िविनMमत" (cid:19)Cप; (ii) पदक(cid:16)य या रजत िसHे, िजसक(cid:16) रजत अंतव"-त ु 99.9 (cid:19)ितशत स े कम नहL ह ै या डाक, कु;रयर या सामान के मा8यम स े ऐस े माल के आयात से िभJ उपशीष " 7106 92 के अधीन आन ेवाल ेरजत के अध" िविनMम"त (cid:19)Cप। (cid:16)(cid:16)(cid:16)(cid:16)पपपप(cid:18)(cid:18)(cid:18)(cid:18)ीीीीककककररररणणणण ---- इस (cid:19)िविF के (cid:19)योजन(cid:23) के िलए, (cid:1)कसी भी (cid:19)Cप म0 रजत के अंतग"त िवदशे ी म(cid:30)ु ा के िसHे, रजत से बन े आभषू ण या रजत स ेबनी व-तुएं नहL ह।O 4 71 (i) -वण " बार, तोला बार स े िभJ, िजस पर िविनमाण" कता " 479 (cid:19)ित 10 Aाम या ;रफाइनर का खुदा (cid:26)आ 7म सEं याकं और िम;>क यूिनट(cid:23) म 0भार अिभP(cid:21) ह;ै (ii) -वण" िसHे, िजसम 0 99.5 (cid:19)ितशत से अ(cid:29)यून -वण" ह,ै और -वण" (cid:19)ािGया,ं डाक, कु;रयर या बैगेज के मा8यम स े ऐस ेमाल के आयात से िभJ। (cid:16)(cid:16)(cid:16)(cid:16)पपपप(cid:18)(cid:18)(cid:18)(cid:18)ीीीीककककररररणणणण ---- इस (cid:19)िविF के (cid:19)योजन के िलए, "-वण" (cid:19)ािGया"ं स े कोई छोटा संघटक, जैस े (cid:26)क, 4ला-प, 4लOप, िपन, कैच, -7ू बैक, िजसका उपयोग पूण " आभूषण या उसके (cid:1)कसी भाग को -थान म 0 जोड़ े रखने के िलए (cid:1)कया जाता ह,ै अिभ(cid:19)ते है।¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3 ससससााााररररणणणणीीीी----3333 7म. सं. अ8य ाय/शीष/" टै;रफ मू(cid:3) य उपशीष/" टै;रफ मद माल का िववरण (अमरीक(cid:16) डालर (cid:19)ित मी;>क टन) (1) (2) (3) (4) 1 080280 सुपारी 3915” [फा. सं. 467/01/2019-सीमा शु(cid:3)क –V] गुंजन कुमार वमा," अवर सिचव ननननोोोोटटटट :::: मूल अिधसूचना भारत के राजप+, असाधारण के भाग-II, खंड-3, उपखंड (ii) म 0 अिधसचू ना सं. 36/2001-सीमा शु(cid:3)क (गै.टै.), (cid:1)दनाकं 3 अग-त, 2001, का.आ. 748 (अ), (cid:1)दनाकं 3 अग-त, 2001 के तहत (cid:19)कािशत क(cid:16) गई थी, तथा यह अिं तम बार अिधसूचना सं. 64/2019-सीमाशु(cid:3)क (गै.टै.), (cid:1)दनाकं 13 िसत(cid:10)बर, 2019, िजस े का.आ. 3271(अ) (cid:1)दनाकं 13 िसत(cid:10)बर, 2019 के तहत भारत के राजप+, असाधारण के भाग-II, खंड-3, उपखंड (ii) म0 ई-(cid:19)कािशत (cid:1)कया गया था, के (cid:17)ारा संशोिधत क(cid:16) गई थीI MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 30th September, 2019 NOTIFICATION No. 67/2019-CUSTOMS (N.T.) S.O. 3549(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 so to do, 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 551 2 1511 90 10 RBD Palm Oil 570 3 1511 90 90 Others – Palm Oil 561 4 1511 10 00 Crude Palmolein 571 5 1511 90 20 RBD Palmolein 574 6 1511 90 90 Others – Palmolein 573 7 1507 10 00 Crude Soya bean Oil 746 8 7404 00 22 Brass Scrap (all grades) 3446 9 1207 91 00 Poppy seeds 33954 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 1. 71 or 98 entries at serial number 356 of the Notification No. 479 per 10 grams 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. 565 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; (ii) Medallions and silver coins having silver content not below 99.9% or semi-manufactured forms of 3. 71 565 per kilogram 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. 71 479 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. No. Chapter/ heading/ sub- Description of goods Tariff value heading/tariff item (US $ Per Metric Tonne) (1) (2) (3) (4) 1 080280 Areca nuts 3915” [F. No. 467/01/2019-Cus-V] GUNJAN KUMAR VERMA, 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. 64/2019-Customs (N.T.), dated the 13th September, 2019, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3271(E), dated 13th September, 2019. 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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