Executive Summary:
This notification from the Ministry of Finance amends a previous notification regarding customs duties. 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 changes are effective as of February 15, 2017.
Key Points / Main Content:
Amended Notification:
* The notification amends notification No. 362001-Customs (N.T.), dated August 3, 2001.
Tariff Value Changes (TABLE1):
* Crude Palm Oil: US $814 per metric tonne.
* RBD Palm Oil: US $819 per metric tonne.
* Others Palm Oil: US $817 per metric tonne.
* Crude Palmolein: US $820 per metric tonne.
* RBD Palmolein: US $823 per metric tonne.
* Others Palmolein: US $822 per metric tonne.
* Crude Soya bean Oil: US $847 per metric tonne.
* Brass Scrap (all grades): US $3247 per metric tonne.
* Poppy seeds: US $2625 per metric tonne.
Tariff Value Changes (TABLE2):
* Gold (benefit of entries at serial number 321 and 323 of Notification No. 12/2012-Customs dated 17.03.2012 is availed): US $400 per 10 grams.
* Silver (benefit of entries at serial number 322 and 324 of Notification No. 12/2012-Customs dated 17.03.2012 is availed): US $583 per kilogram.
Tariff Value Changes (TABLE3):
* Areca nuts: US $2594 per metric tonne.
Impact Analysis:
Importers/Exporters:
Impact: Importers and exporters dealing with the specified goods will be subject to the revised tariff values, affecting the cost of imports and exports.
Action Required: Update pricing strategies and customs declarations to reflect the new tariff values.
Customs Officials:
Impact: Customs officials are required to enforce the revised tariff values for the specified goods.
Action Required: Implement the new tariff values during customs assessments and ensure accurate application of the amended notification.
Key Entities Referenced
Customs Act, 1962: A law enacted by the Parliament of India that governs customs, duties, and related matters.
Central Board of Excise and Customs: A government agency responsible for the administration of indirect taxes, including customs duties, in India. Now known as Central Board of Indirect Taxes and Customs (CBIC)
Ministry of Finance, Department of Revenue: A department within the Ministry of Finance responsible for matters relating to revenue.
New Delhi: The capital city of India, where the notification was issued.
Gazette of India: An official journal of the Government of India, publishing official notifications, acts, and regulations.
Crude Palm Oil: A type of Palm Oil, with a specified tariff value.
RBD Palm Oil: Refined, Bleached, and Deodorized Palm Oil, with a specified tariff value.
Notification No. 12/2012Customs: A customs notification issued on March 17, 2012, that provides benefits for gold and silver.
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No. 408] NEW DELHI, WEDNESDAY, FEBRUARY 15, 2017/MAGHA 26, 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 एव ंसीमा शु(cid:7016)क बोड)(cid:6981)
अिधसचू ना
नई (cid:7408)द(cid:7016) ली, 15 फरवरी, 2017
सं. 11/2017-सीमा शु(cid:7016)क (ग.ैटै.)
का. आ. 451(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)त्:-
"सारणी-1
(cid:7059)म. सं. अ(cid:7007) याय/शीष(cid:6981)/उपशीष(cid:6981)/ टै(cid:7407)रफ मू(cid:7016) य
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 1511 10 00 क(cid:6994) चा पॉम ऑयल 814
2 1511 90 10 आर बी डी पॉम ऑयल 819
3 1511 90 90 अ(cid:7008) य पॉम ऑयल 817
4 1511 10 00 क(cid:6994) चा पामोिलन 820
823 GI/2017 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
5 1511 90 20 आर बी डी पामोलीन 823
6 1511 90 90 अ(cid:7008) य पामोलीन 822
7 1507 10 00 सोयाबीन का क(cid:6994) चा तेल 847
8 7404 00 22 पीतल (cid:7021) (cid:7059)ेप (सभी (cid:7061)ेड) 3247
9 1207 91 00 पो(cid:7021) त बीज 2625
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 400 (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 583 (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 2594”
[फा. सं. 467/1/2017-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 (गै.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
सं. 08/2017-सीमाशु(cid:7016)क (गै.टै.), (cid:7408)दनांक 31 जनवरी, 2017, िजसे का.आ. 309(अ) (cid:7408)दनांक 31 जनवरी, 2017 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 थीI
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
NOTIFICATION
New Delhi, 15th February, 2017
No. 11/2017-CUSTOMS (N.T.)
S.O. 451 (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:-¹Hkkx IIµ[k.M 3(ii)º Hkkjr dk jkti=k % vlk/kj.k 3
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 814
2 1511 90 10 RBD Palm Oil 819
3 1511 90 90 Others – Palm Oil 817
4 1511 10 00 Crude Palmolein 820
5 1511 90 20 RBD Palmolein 823
6 1511 90 90 Others – Palmolein 822
7 1507 10 00 Crude Soya bean Oil 847
8 7404 00 22 Brass Scrap (all grades) 3247
9 1207 91 00 Poppy seeds 2625
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 321 and 323 of the
71 or 98 400 per 10 grams
Notification No. 12/2012-Customs dated 17.03.2012
is availed
2 Silver, in any form, in respect of which the benefit of
entries at serial number 322 and 324 of the
71 or 98 583 per kilogram
Notification No. 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 2594”
[F. No. 467/01/2017 -Cus-V]
KSHITENDRA 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. 08/2017-Customs (N.T.), dated the 31st
January, 2017, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide
number S. O. 309(E), dated 31st January, 2017.
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.