Date: 2021-09-30Category: Extra OrdinaryState: Union GovernmentCountry: India
In exercise of the powers conferred by subsection (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue)
## Policy Analysis Report: Notification No. 79/2021-Customs (N.T.)
**1. Executive Summary:**
This report analyzes Notification No. 79/2021-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, and published on September 30, 2021. This notification amends a previous notification (No. 36/2001-Customs (N.T.)) by substituting new values in three key tables related to tariff values for specific goods. The core purpose of this amendment is to update the tariff values for crude palm oil, RBD palm oil, other palm oils, crude palmolein, RBD palmolein, other palmolein, crude soybean oil, brass scrap, gold, silver and areca nuts. The key finding is that the amendment directly impacts the valuation of these imported goods for customs purposes, potentially influencing import duties and related costs for importers and affecting competitiveness in the market.
**2. Introduction:**
This report provides an informative analysis of Notification No. 79/2021-Customs (N.T.), based solely on the provided text. The purpose is to outline the changes introduced by this amendment, their implications, and the potential impact on relevant stakeholders.
**3. Policy Overview:**
* **Amendment:** This notification amends Notification No. 36/2001-Customs (N.T.), dated August 3, 2001.
* **Core Objective:** The core objective of this amendment, inferred from the text, is to revise and update the tariff values for specific imported goods as defined in the Customs Act, 1962.
**4. Background and Rationale:**
The rationale for this specific amendment appears to be the need to periodically adjust tariff values to reflect current market prices and economic conditions. The amendment updates Tables 1, 2 and 3 of the original notification, which suggests that the previous values in those tables were deemed outdated or inaccurate, potentially leading to discrepancies in customs duty calculations and affecting trade competitiveness.
**5. Key Provisions / Changes:**
This notification introduces changes to the tariff values listed in Tables 1, 2 and 3. Specifically, the notification substitutes the existing tables with new ones.
* **Table 1:** Contains tariff values for various palm oils, crude soybean oil, and brass scrap. The text indicates "i.e., no change" for palm oils and crude soybean oil. The tariff value for brass scrap has been changed to US$ 5418 per Metric Tonne.
* **Table 2:** Contains tariff values for gold and silver in various forms, referencing Notification No. 50/2017-Customs dated 30.06.2017. Specific conditions apply to the forms of gold and silver eligible for these tariff values. The tariff values are 560 per 10 grams for gold and 724 per kilogram for silver.
* **Table 3:** Contains tariff value for Areca nuts. The text indicates "i.e., no change" for Areca nuts.
The effect of these changes is that customs officials will now use these updated tariff values to assess import duties on the specified goods. This directly influences the cost of importing these items.
**6. Target Audience and Stakeholders:**
The target audience and stakeholders directly affected by this amendment include:
* Importers of palm oils, crude soybean oil, brass scrap, gold, silver and areca nuts.
* Customs brokers and agents involved in the import process.
* The Central Board of Indirect Taxes and Customs (CBIC) officials responsible for implementing and enforcing customs regulations.
* Businesses utilizing these imported goods in their operations.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) is the responsible agency for implementing this notification.
* **Timeline:** The notification comes into effect on October 1, 2021, as stated in section 2 of the document.
* The implementation will involve customs officials using the updated tariff values to calculate import duties for the specified goods, starting October 1, 2021.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these changes is to align tariff values with current market realities, ensuring accurate valuation of imported goods for customs duty assessment. While the values for palm oils, crude soybean oil and areca nuts remain unchanged, the updated value for brass scrap and silver may result in adjusted import costs for businesses dealing in these materials. This may affect their profitability and competitiveness in the market. The intention may also be to clarify definitions related to gold and silver forms to avoid ambiguity.
**9. Conclusion:**
Notification No. 79/2021-Customs (N.T.) provides essential updates to the tariff values for specific imported goods. By substituting updated values for brass scrap, gold and silver in Tables 1, 2 and 3, this amendment directly impacts importers and customs processes. The effective date of October 1, 2021, necessitates immediate attention from stakeholders to understand and adapt to these changes for accurate duty calculations and compliance with customs regulations. The unchanged values for palm oils, crude soybean oil and areca nuts offer stability in import costs for these items.
Key Entities Referenced
New Delhi: Place of issuance of the notification.
Customs Act, 1962: The Act under which the powers are conferred for the notification (52 of 1962).
Central Board of Indirect Taxes and Customs: Organization issuing the notification.
Ministry of Finance, Department of Revenue: The ministry and department under which the notification is issued.
Notification No. 362001Customs N.T., dated the 3rd August, 2001: Original notification being amended.
Gazette of India: Official government gazette where the notification is published.
Notification No. 502017Customs dated 30.06.2017: Notification related to entries at serial number 356 and 357, benefits availed for gold and silver.
Notification No. 732021Customs N.T., dated the 15th September, 2021: Previous amendment to the principal notification.
KOMILA PUNIA: Designated officer issuing the notification (Dy. Secy.).
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-30092021-230087
xxxGIDHxxx
CG-DL-E-30092021-230087
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 3711] नई ददल्ली, बृहस्ट्प जतिार, जसतम्ब र 30, 2021/आजश्ि न 8, 1943
No. 3711] NEW DELHI, THURSDAY, SEPTEMBER 30, 2021/ASVINA 8, 1943
जित्त मंत्रालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोडड)
अजधसचू ना
नई ददल्ली, 30 जसतम्बर, 2021
स.ं 79/2021-सीमा िल्ु क (ग.ैटै.)
का.आ. 4045(अ).—सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत् त
िजियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोडड, इस बात स े संतुष्ट होन ेपर दक ऐसा करना आिश्यक
एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ट्ि जिभाग) की अजधसूचना सं. 36/2001-सीमा िुल्क (ग.ै
टै.), ददनांक 3 अगस्ट्त, 2001, जजसे का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत भारत के राजपत्र, असाधारण के
भाग-II, खंड-3, उपखंड (ii) म ें प्रकाजित दकया गया था, म ें जनम्नजलजखत सिं ोधन करता ह,ै अथाडत्:-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
जाएाँगी, अथाडत:्-
"सारणी-1
क्रम. स.ं अध्य ाय/िीर्ड/उपिीर्ड/ टैररफ मूल् य
माल का जििरण
टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1130 (अथाडत कोई पररितडन नहीं)
2 1511 90 10 आर बी डी पॉम ऑयल 1153 (अथाडत कोई पररितडन नहीं)
5571 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन् य पॉम ऑयल 1142 (अथाडत कोई पररितडन नहीं)
4 1511 10 00 कच्चा पामोजलन 1160 (अथाडत कोई पररितडन नहीं)
5 1511 90 20 आर बी डी पामोलीन 1163 (अथाडत कोई पररितडन नहीं)
6 1511 90 90 अन्य पामोलीन 1162 (अथाडत कोई पररितडन नहीं)
7 1507 10 00 सोयाबीन का कच् चा तेल 1328 (अथाडत कोई पररितडन नहीं)
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रेड) 5418
सारणी-2
क्रम. सं. अध्य ाय/िीर्ड/ टैररफ मूल् य
माल का जििरण
उपिीर्ड/ टैररफ मद
(अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध में अजधसूचना 560 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िल्ु क, ददनांक 30.06.2017 की प्रजिजष्ट
संख्या 356 के अंतगडत लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप म,ें जजसके सम्बन्ध में अजधसूचना 724 प्रजत दकलोग्राम
संख्या 50/2017-सीमा िल्ु क, ददनांक 30.06.2017 की प्रजिजष्ट
संख्या 357 के अंतगडत लाभ प्राप्त दकया गया हो
(i) रजत, पदकीय या रजत जसक्कों स े जभन्न दकसी भी रूप में,
जजसकी रजत अंतिडस्ट्त ु 99.9 प्रजतित स े कम नहीं ह ै या
उपिीर् ड 7106 92 के अधीन आन े िाले रजत के अध ड
जिजनर्ममत प्ररूप;
(ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्त ु 99.9
3 71 प्रजतित से कम नहीं ह ै या डाक, कुररयर या सामान के 724 प्रजत दकलोग्राम
माध्यम स े ऐसे माल के आयात स े जभन्न उपिीर् ड 7106 92
के अधीन आन े िाले रजत के अधड जिजनर्ममत प्ररूप।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजनों के जलए, दकसी भी
प्ररूप म ें रजत के अंतगडत जिदेिी मुद्रा के जसक्के, रजत स े बने
आभूर्ण या रजत स े बनी िस्ट्तुएं नहीं ह।ैं
(i) स्ट्िण ड बार, तोला बार से जभन्न, जजस पर जिजनमाडणकताड
या ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक
यूजनटों म ेंभार अजभव्यि ह;ै
(ii) स्ट्िण ड जसक्के, जजसमें 99.5 प्रजतित स े अन्यून स्ट्िणड ह,ै
4 71 और स्ट्िण ड प्राजप्तयां, डाक, कुररयर या बैगेज के माध्यम स े 560 प्रजत 10 ग्राम
ऐस े माल के आयात से जभन्न।
स्ट्पष्टीकरण - इस प्रजिजष्ट के प्रयोजन के जलए, "स्ट्िण ड
प्राजप्तयां" स े कोई छोटा संघटक, जैसे हुक, क्लास्ट्प, क्लैंप,
जपन, कैच, स्ट्क्रू बैक, जजसका उपयोग पूण ड आभूर्ण या उसके
दकसी भाग को स्ट्थान म ें जोड़े रखने के जलए दकया जाता ह,ै
अजभप्रेत ह।ै[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 3
सारणी-3
क्रम. सं. अध्य ाय/िीर्ड/ उपिीर्ड/ टैररफ मूल् य
माल का जििरण
टैररफ मद
(अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 5149 (अथाडत कोई पररितडन नहीं)
2. यह अजधसूचना 1अक्टूबर, 2021 से प्रभािी होगी I
[फा. स.ं 467/01/2021-सीमा िुल्क –V]
कोजमला पुजनया, उप सजचि
नोट : मलू अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें अजधसूचना सं. 36/2001-सीमा
िुल् क (ग.ैटै.), ददनांक 3 अगस्ट्त, 2001, का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी,
तथा यह अंजतम बार अजधसूचना स.ं 73/2021-सीमािुल्क (ग.ै ट.ै ), ददनांक 15 जसतम्बर, 2021, जजसे
का.आ. 3793(अ) ददनांक 15 जसतम्बर, 2021 के तहत भारत के राजपत्र, असाधारण के भाग-II, खंड-3,
उपखंड (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, 30th September, 2021
No. 79/2021-CUSTOMS (N.T.)
S.O. 4045(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 to do so, 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 Tonne)
item
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1130 (i.e., no change)
2 1511 90 10 RBD Palm Oil 1153 (i.e., no change)
3 1511 90 90 Others – Palm Oil 1142 (i.e., no change)
4 1511 10 00 Crude Palmolein 1160 (i.e., no change)
5 1511 90 20 RBD Palmolein 1163 (i.e., no change)
6 1511 90 90 Others – Palmolein 1162 (i.e., no change)
7 1507 10 00 Crude Soya bean Oil 1328 (i.e., no change)
8 7404 00 22 Brass Scrap (all grades) 54184 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)
Gold, in any form, in respect of which the
1. benefit of entries at serial number 356 of the
71 or 98 560 per 10 grams
Notification No. 50/2017-Customs dated
30.06.2017 is availed
Silver, in any form, in respect of which the
2. benefit of entries at serial number 357 of the
71 or 98 724 per kilogram
Notification No. 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
3.
71 forms of silver falling under sub-heading 7106 724 per kilogram
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
4.
71 such goods through post, courier or baggage. 560 per 10 grams
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/ Description of goods
Tariff value
No. sub-heading/tariff
(US $ Per Metric Tonne)
item
(1) (2) (3) (4)
1 080280 Areca nuts 5149 (i.e., no change)
2. This notification shall come into force with effect from the 1st day of October, 2021.
[F. No. 467/01/2021-Cus-V]
KOMILA PUNIA, Dy. Secy.[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 5
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. 73/2021-Customs (N.T.), dated the 15th September, 2021, e-published in the Gazette of
India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 3793(E), dated
15th September, 2021.
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.