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Date: 2020-02-28 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 amends a previous notification regarding tariff values for imported goods, as per Section 14 of the Customs Act, 1962. It substitutes existing tables with updated tariff values for various items, effective February 28, 2020. The changes impact importers and customs officials. Key Points / Main Content: Updated Tariff Values (Table 1): * Crude Palm Oil: US$718 per metric tonne * RBD Palm Oil: US$744 per metric tonne * Others Palm Oil: US$731 per metric tonne * Crude Palmolein: US$747 per metric tonne * RBD Palmolein: US$750 per metric tonne * Others Palmolein: US$749 per metric tonne * Crude Soya bean Oil: US$790 per metric tonne * Brass Scrap (all grades): US$3373 per metric tonne * Poppy seeds: US$3623 per metric tonne Updated Tariff Values (Table 2): * Gold (various forms): US$71 per 10 grams (subject to conditions of Notification No. 532/2017-Customs) * Silver (various forms): US$98 per kilogram (subject to conditions of Notification No. 582/2017-Customs) * Silver, other than medallions/coins/semi-manufactured: US$582 per kilogram * Gold bars/coins/findings: US$71 per 10 grams (subject to conditions) Updated Tariff Values (Table 3): * Areca nuts: US$3782 per metric tonne Impact Analysis: Importers: * Impact: Changes in tariff values will affect the cost of importing goods. * Action Required: Update import costing calculations based on the new tariff values. Customs Officials: * Impact: Required to use the revised tariff values for assessment and collection of customs duties. * Action Required: Implement the new tariff values as per the notification.

Key Entities Referenced

Central Board of Indirect Taxes and Customs: A government organization under the Department of Revenue, Ministry of Finance, responsible for the formulation of policy concerning levy and collection of Customs, Central Excise duties, Central Goods and Services Tax (CGST) and Integrated Goods and Services Tax (IGST). Customs Act, 1962: An act of the Parliament of India to consolidate and amend the law relating to customs. Ministry of Finance: A ministry within the Government of India responsible for the economy of India, serving as the Indian Treasury. Department of Revenue: A department under the Ministry of Finance in the Government of India. It controls the formulation and implementation of government's fiscal policies relating to direct and indirect taxes. New Delhi: The capital of India, where the notification was issued. Crude Palm Oil: A type of palm oil listed with its tariff value in TABLE1 of the notification. Gold: A precious metal, specifically gold in any form, is mentioned in TABLE 2 with reference to Notification No. 532-502017Customs dated 30.06.2017 Areca nuts: An agricultural product listed in TABLE3 with its tariff value.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-29022020-216476 xxxGIDExxx CG-DL-E-29022020-216476 असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 826] नई दिल्ली, िुक्रिार, फरिरी 28, 2020/फाल्ग नु 9, 1941 No. 826] NEW DELHI, FRIDAY, FEBRUARY 28, 2020/PHALGUNA 9, 1941 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केन्‍दर ीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड) अजधसचू ना नई दिल्ली, 28 फरिरी, 2020 स.ं 18/2020-सीमा िल्ु क (ग.ैटै.) का.आ. 900(अ).—सीमा िुल् क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रित् त शक्तियों का प्रयोग करत े हुए, केन्‍दर ीय अप्रत्यक्ष कर एिं सीमा िुल् क बोडड, इस बात स े संतुष्ट होन े पर दक ऐसा करना आिश् यक एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित् त मत्रं ालय (रािस्ट् ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल् क (ग.ै टै.), दिनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748(अ), दिनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखडं (ii) म ें प्रकाजित दकया गया था, म ें जनम् नजलजखत संिोधन करता ह,ै अथाडत:्- उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की िाएाँगी, अथाडत:्- "सारणी-1 क्रम. स.ं अध् याय/िीर्/ड उपिीर्/ड टैररफ मूल् य माल का जििरण टैररफ मि (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 1511 10 00 कच् चा पॉम ऑयल 718 2 1511 90 10 आर बी डी पॉम ऑयल 744 1179 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 3 1511 90 90 अन्‍द य पॉम ऑयल 731 4 1511 10 00 कच् चा पामोजलन 747 5 1511 90 20 आर बी डी पामोलीन 750 6 1511 90 90 अन्‍द य पामोलीन 749 7 1507 10 00 सोयाबीन का कच् चा तेल 790 8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 3373 9 1207 91 00 पोस्ट् त बीि 3623 सारणी-2 क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य माल का जििरण उपिीर्/ड टैररफ मि (अमरीकी डालर) (1) (2) (3) (4) 1 71 या 98 स्ट्िणड, दकसी भी रूप म,ें जिसके सम्बन्‍दध म ें 532 प्रजत 10 ग्राम अजधसूचना संख्या 50/2017-सीमा िुल्क, दिनाकं 30.06.2017 की प्रजिजि संख्या 356 के अंतगतड लाभ प्राप्त दकया गया हो 2 71 या 98 रित, दकसी भी रूप म,ें जिसके सम्बन्‍दध म ें 582 प्रजत दकलोग्राम अजधसूचना संख्या 50/2017-सीमा िुल्क, दिनांक 30.06.2017 की प्रजिजि संख्या 357 के अंतगतड लाभ प्राप्त दकया गया हो 3 71 (i) रजत, पदकीय या रजत क्तिक्कों ि े क्तिन्न ककिी 582 प्रजत दकलोग्राम िी रूप म,ें क्तजिकी रजत अंतर्वस्तु 99.9 प्रक्ततशत ि े कम नहीं ह ै या उपशीर् व 7106 92 के अधीन आन े र्ाल े रजत के अध व क्तर्क्तनर्मवत प्ररूप; (ii) पदकीय या रजत क्तिक्के, क्तजिकी रजत अंतर्वस्त ु 99.9 प्रक्ततशत ि े कम नहीं ह ै या डाक, कुररयर या िामान के माध्यम ि े ऐिे माल के आयात ि े क्तिन्न उपशीर् व 7106 92 के अधीन आन े र्ाले रजत के अध व क्तर्क्तनर्मवत प्ररूप। स्पष्टीकरण - इि प्रक्तर्क्तष्ट के प्रयोजनों के क्तलए, ककिी िी प्ररूप में रजत के अतं र्वत क्तर्देशी मुद्रा के क्तिक्के, रजत िे बने आिूर्ण या रजत ि े बनी र्स्तुए ं नहीं ह।ैं 4 71 (i) स्र्णव बार, तोला बार ि े क्तिन्न, क्तजि पर 532 प्रजत 10 ग्राम क्तर्क्तनमावणकता व या ररयाइनर का खुदा हुआ क्रम िंखयांक और क्तमरिक यूक्तनटों म ें िार अक्तिव्यि ह;ै (ii) स्र्णव क्तिक्के, क्तजिमें 99.5 प्रक्ततशत ि े अन्यून स्र्ण व ह,ै और स्र्णव प्राक्तियां, डाक, कुररयर या बैर्ेज के माध्यम िे ऐिे माल के आयात िे क्तिन्न। स्पष्टीकरण - इि प्रक्तर्क्तष्ट के प्रयोजन के क्तलए, "स्र्ण व प्राक्तियां" ि े कोई छोटा िंघटक, जैिे हुक, क्लास्प, क्लैंप, क्तपन, कैच, स्क्रू बैक, क्तजिका उपयोर् पूणव आिूर्ण या उिके ककिी िार् को स्थान म ें जोड़े रखन े के क्तलए ककया जाता ह,ै अक्तिप्रेत ह।ै[भाग II— खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3 सारणी-3 क्रम. स.ं अध् याय/िीर्/ड उपिीर्/ड टैररफ मूल् य माल का जििरण टैररफ मि (अमरीकी डालर प्रजत मीररक टन) (1) (2) (3) (4) 1 080280 सुपारी 3782” [फा. सं. 467/01/2020-सीमा िुल् क–V] र्ौरर् सिंह, उप िक्तचर् नोट : मलू अजधसूचना भारत के रािपत्र, असाधारण के भाग II, खंड 3, उप-खंड (ii) म ें अजधसूचना सं. 36/2001- सीमा िुल् क (ग.ैटै.), दिनांक 3 अगस्ट्त, 2001, का.आ. 748(अ), दिनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी, तथा यह अंजतम बार अजधसूचना स.ं 17/2020-सीमा िुल्क (ग.ैटै.), दिनांक 25 फरर्री, 2020, जिसे का.आ. 855(अ) दिनांक 25 फरर्री, 2020 के तहत भारत के रािपत्र, असाधारण के भाग II, खंड 3, उप-खंड (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 28th February, 2020 No. 18/2020-CUSTOMS (N.T.) S.O. 900(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/ Tariff value Sl. No. sub-heading/tariff Description of goods (US $Per Metric item Tonne) (1) (2) (3) (4) 1 1511 10 00 Crude Palm Oil 718 2 1511 90 10 RBD Palm Oil 744 3 1511 90 90 Others – Palm Oil 731 4 1511 10 00 Crude Palmolein 747 5 1511 90 20 RBD Palmolein 750 6 1511 90 90 Others – Palmolein 749 7 1507 10 00 Crude Soya bean Oil 790 8 7404 00 22 Brass Scrap (all grades) 3373 9 1207 91 00 Poppy seeds 36234 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) 1. Gold, in any form, in respect of which the benefit of 71 or 98 entries at serial number 356 of the Notification No. 532 per 10 grams 50/2017-Customs dated 30.06.2017 is availed 2. Silver, in any form, in respect of which the benefit of 71 or 98 entries at serial number 357 of the Notification No. 582 per kilogram 50/2017-Customs dated 30.06.2017 is availed 3. (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 71 below 99.9% or semi-manufactured forms of silver 582 per kilogram 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 foreigncurrency coins, jewellery made of silver or articles made of silver. 4. (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 71 532 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/ sub- Description of goods Tariff value No. heading/tariff item (US $ Per Metric Tonne) (1) (2) (3) (4) 1 080280 Areca nuts 3782” [F. No. 467/01/2020-Cus-V] GAURAV SINGH, 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. 17/2020- Customs (N.T.), dated the 25 February, 2020, e-published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 855(E), dated 25th February, 2020. 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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