Executive Summary:
This notification from the Ministry of Finance, Department of Revenue, 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, including palm oil, soya bean oil, brass scrap, poppy seeds, gold, silver and areca nuts. The notification is effective as of February 25, 2020.
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.
* **Notification Superseded**: This notification amends Notification No. 362001-Customs (N.T.), dated August 3, 2001.
* **Table 1: Revised Tariff Values**
* Lists tariff values (USD per Metric Tonne) for various types of Palm Oil, Soya Bean Oil, Brass Scrap and Poppy Seeds with no changes.
* Crude Palm Oil: 770
* RBD Palm Oil: 796
* Others Palm Oil: 783
* Crude Palmolein: 800
* RBD Palmolein: 803
* Others Palmolein: 802
* Crude Soya bean Oil: 795
* Brass Scrap all grades: 3328
* Poppy seeds: 3623
* **Table 2: Revised Tariff Values**
* Lists tariff values (USD) for Gold and Silver.
* Gold, in any form, with benefit of Notification No. 50/2017-Customs: 538 per 10 grams (no change).
* Silver, in any form, with benefit of Notification No. 50/2017-Customs: 569 per kilogram (no change).
* Silver, in any form, other than medallions/coins (silver content >= 99.9%): 569 per kilogram (no change).
* Gold bars (excluding tola bars) and gold coins (gold content >= 99.5%): 538 per 10 grams.
* **Table 3: Revised Tariff Values**
* Lists tariff values (USD per Metric Tonne) for Areca nuts with no change.
* Areca nuts: 3782
Impact Analysis:
* **Importers and Exporters of Goods Listed in Tables 1, 2, and 3**:
* Impact: The revised tariff values will directly affect the cost of importing and exporting these goods.
* Action Required: Importers and exporters need to update their costing and pricing strategies based on the new tariff values to ensure compliance and profitability.
* **Customs Brokers and Clearing Agents**:
* Impact: Customs brokers and clearing agents are responsible for accurately assessing and paying customs duties on behalf of importers and exporters.
* Action Required: These agents must familiarize themselves with the updated tariff values to ensure accurate declarations and avoid penalties.
* **Customs Officials**:
* Impact: Customs officials are responsible for enforcing customs laws and regulations, including the collection of duties and taxes.
* Action Required: Customs officials must implement the new tariff values and ensure that importers and exporters comply with the updated regulations.
Key Entities Referenced
Customs Act, 1962: An act of the parliament of India to consolidate and amend the law relating to customs.
Central Board of Indirect Taxes and Customs: A government agency responsible for the formulation of policy concerning levy and collection of customs duties, central excise duties and service tax.
Ministry of Finance: A ministry of the Government of India concerned with the economy of India, serving as the Indian Treasury.
Department of Revenue: A department under the Ministry of Finance in the Government of India.
New Delhi: Capital of India.
Gazette of India: An official publication of the government of India.
PRAMOD KUMAR: Director in the Department of Revenue, Ministry of Finance.
Notification No. 502017Customs: A customs notification issued by the Government of India.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. NO. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एलxx.x-GअI.D-E2x6x0x 22020-216419
CG-DL-E-26022020-216419
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 782] नई ददल्ली, मगं लिार, फरिरी 25, 2020/फाल्ग नु 6, 1941
No. 782] NEW DELHI, TUESDAY, FEBRUARY 25, 2020/PHALGUNA 6, 1941
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय अप्रत्यक्ष कर एि ंसीमािल्ु क बोड)ड
अजधसचू ना
नई ददल् ली, 25 फरिरी, 2020
स.ं 17/2020-सीमािल्ु क (ग.ैटे.)
का.आ. 855(अ).—सीमा िुल् क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा
प्रदत् त का प्रयोग करत े हुए, केन्द्र ीय कर एि ं सीमा िुल् क बोडड, इस बात स े संतुष्ट होन े पर दक ऐसा
करना आिश् यक एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित् त मंत्रालय (रािस्ट् ि जिभाग) की अजधसूचना
स.ं 36/2001-सीमा िुल् क (ग.ै टै.), ददनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के
तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें प्रकाजित दकया गया था, में जनम् नजलजखत
संिोधन करता ह,ै अथाडत्:-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत
की िाएाँगी, अथाडत:्-
1123 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
"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 कच् चा पॉम ऑयल 770 ( क र )
2 1511 90 10 आर बी डी पॉम ऑयल 796 ( क र )
3 1511 90 90 अन्द् य पॉम ऑयल 783 ( क र )
4 1511 10 00 कच् चा पामोजलन 800 ( क र )
5 1511 90 20 आर बी डी पामोलीन 803 ( क र )
6 1511 90 90 अन्द् य पामोलीन 802 ( क र )
7 1507 10 00 सोयाबीन का कच् चा तेल 795 ( क र )
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 3328 ( क र )
9 1207 91 00 पोस् त बीि 3623 ( क र )
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, जिसके सम्बन्द्ध म ें अजधसूचना 538 प्रजत 10
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 ग्राम
की प्रजिजि संख्या 356 के अतं गतड लाभ प्राप्त दकया गया
हो
2 71 या 98 रित, दकसी भी रूप म,ें जिसके सम्बन्द्ध म ें अजधसूचना 569 प्रजत
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 दकलोग्राम
( क
की प्रजिजि संख्या 357 के अतं गतड लाभ प्राप्त दकया गया
हो र )
3 71 (i) रज , क रज क 569 प्रजत
, ज क रज 99.9 दकलोग्राम
( क
क 7106 92 क
र )
रज क ;
(ii) क रज , ज क रज
99.9 क क, क र र
क क
7106 92 क रज क[भाग II— खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
कर - इ क ज क , क
रज क ग क , रज
रज
4 71 (i) र, र , ज र 538 प्रजत 10
क र इ र क ख ग्राम
क और क र ;
(ii) , ज 99.5
, और , क, क र र ग ज क
क
कर - इ क ज क , "
" क घ क, ज क, ,
, , क च, क, ज क ग
क क ग क ज रख
क क ज ,
सारणी-3
क्रम. स.ं अध् याय/िीर्/ड
उपिीर्/ड टैररफ टैररफ मूल् य
माल का जििरण
मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 3782 ( क र )”
[फा. सं. 467/01/2020 –सीमा िुल् क-V]
प्रमोद कुमार, जनदेिक
नोट : मूल अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखंड (ii) म ें अजधसूचना सं. 36/2001-
सीमा िुल्क (ग.ै ट.ै ), ददनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित
की गई थी, तथा यह अंजतम बार अजधसूचना स.ं 13/2020-सीमािुल्क (ग.ै ट.ै ), ददनांक 14 र र , 2020,
जिसे का.आ. 719(अ) ददनांक 14 र र , 2020 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3,
उपखंड (ii) म ें ई-प्रकाजित दकया गया था, के द्वारा संिोजधत की गई थीI4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 25th February, 2020
No.17/2020-Customs (N.T.)
S.O. 855(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
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 770 (i.e. no change)
2 1511 90 10 RBD Palm Oil 796 (i.e. no change)
3 1511 90 90 Others – Palm Oil 783 (i.e. no change)
4 1511 10 00 Crude Palmolein 800 (i.e. no change)
5 1511 90 20 RBD Palmolein 803 (i.e. no change)
6 1511 90 90 Others – Palmolein 802 (i.e. no change)
7 1507 10 00 Crude Soya bean Oil 795 (i.e. no change)
8 7404 00 22 Brass Scrap (all grades) 3328 (i.e. no change)
9 1207 91 00 Poppy seeds 3623 (i.e. no change)
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 at serial number 356 of the
71 or 98 538 per 10 grams
Notification No. 50/2017-Customs dated
30.06.2017 is availed
2. Silver, in any form, in respect of which the
benefit of entries at serial number 357 of the 569 per kilogram
71 or 98
Notification No. 50/2017-Customs dated (i.e. no change)
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
569 per kilogram
71 content not below 99.9% or semi-
(i.e. no change)
manufactured forms 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[भाग II— खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
currency 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 through post, courier or
71 538 per 10 grams
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 (i.e. no change)‖
[F. No. 467/01/2020 -Cus-V]
PRAMOD KUMAR, Director
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. 13/2020-Customs
(N.T.), dated the 14 February, 2020, e-published in the Gazette of India, Extraordinary, Part-II,
Section-3, Sub-section (ii), vide number S.O. 719(E), dated 14th 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.