Date: 2021-10-29Category: 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
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. It substitutes new tables specifying tariff values for various goods, including palm oil, soya bean oil, brass scrap, gold, and silver. The notification takes effect on October 30, 2021.
Key Points / Main Content:
Amended Tariff Values:
* Table 1 substitutes tariff values for various types of palm oil (Crude, RBD, Others Palmolein and Crude) and Crude Soya bean Oil, expressed in US Dollars per Metric Tonne.
* Table 1 also includes tariff values for Brass Scrap (all grades) expressed in US Dollars per Metric Tonne.
* Table 2 substitutes tariff values for gold and silver in various forms, expressed in Rupees per 10 grams or per kilogram.
* Table 3 substitutes tariff values for Areca nuts expressed in US Dollars per Metric Tonne.
Gold and Silver Specifics (Table 2):
* Specifies tariff values for gold in any form benefiting from Notification No. 50/2017-Customs, dated 30.06.2017.
* Specifies tariff values for silver in any form benefiting from Notification No. 50/2017-Customs, dated 30.06.2017.
* Defines tariff values for silver, differentiating between silver content not below 99.9 and medallions/coins/semi-manufactured forms, excluding imports via post/courier/baggage for the latter.
* Defines tariff values for gold bars and coins, excluding imports via post/courier/baggage for gold coins/findings.
* Provides explanations for "silver in any form" and "gold findings."
Effective Date:
* The notification comes into effect on October 30, 2021.
Impact Analysis:
Importers and Exporters of Goods Listed in Tables 1, 2, and 3:
Impact: Revised tariff values will affect the calculation of customs duties for imported and exported goods, influencing costs and profitability.
Action Required: Adapt pricing strategies and financial forecasts to align with the new tariff values.
Customs Brokers and Clearing Agents:
Impact: Need to update their systems and processes to accurately reflect the new tariff values when processing import and export declarations.
Action Required: Update knowledge of tariff values and ensure accurate application in customs documentation.
Customs Officials:
Impact: Responsible for enforcing the new tariff values and ensuring correct assessment of customs duties.
Action Required: Implement the changes from October 30, 2021, and provide guidance to stakeholders as needed.
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 duties.
Customs Act, 1962: An act of the Parliament of India that consolidates the law relating to customs duties.
Ministry of Finance: A ministry within the Government of India responsible for economic policy, financial regulations, and taxation.
Department of Revenue: A department under the Ministry of Finance in the Government of India.
New Delhi, Delhi: The capital city of India, where the notification was issued.
Gazette of India: An official journal of the Government of India, publishing legal notifications and other important government announcements.
Notification No. 502017Customs: A customs notification issued by the Government of India.
Customs N.T. S.O. 4527E: Notification number related to customs.
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एxलx.x-GअID.-E2xx9x1 02021-230823
CG-DL-E-29102021-230823
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 4166] नई ददल्ली, िक्रु िार, अक्त बू र 29, 2021/कार्ततक 7, 1943
No. 4166] NEW DELHI, FRIDAY, OCTOBER 29, 2021/KARTIKA 7, 1943
जित्त मत्रं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा िल्ु क बोड)ड
अजधसचू ना
नई ददल्ली, 29 अक्त ूबर, 2021
स.ं 87/2021-सीमा िल्ु क (ग.ैटै.)
का.आ. 4527(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 मत्रं ालय (राजस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा िुल्क
(ग.ै ट.ै ), ददनांक 3 अगस्ट्त, 2001, जजसे का.आ. 748 (अ), ददनांक 3 अगस्ट्त, 2001 के तहत भारत के राजपत्र, असाधारण
के भाग-II, खडं -3, उपखडं (ii) म ें प्रकाजित दकया गया था, म ें जनम्नजलजखत संिोधन करता ह,ै अथाडत:्-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
जाएाँगी, अथाडत:्-
"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 कच्चा पॉम ऑयल 1239
2 1511 90 10 आर बी डी पॉम ऑयल 1252
6283 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3 1511 90 90 अन् य पॉम ऑयल 1246
4 1511 10 00 कच्चा पामोजलन 1259
5 1511 90 20 आर बी डी पामोलीन 1262
6 1511 90 90 अन्य पामोलीन 1261
7 1507 10 00 सोयाबीन का कच् चा तेल 1406
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 5925
सारणी-2
क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य
माल का जििरण
उपिीर्/ड टैररफ मद (अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, दकसी भी रूप में, जजसके सम्बन्ध म ें अजधसूचना 581 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की
प्रजिजष्ट सख्ं या 356 के अतं गतड लाभ प्राप्त दकया गया हो
2 71 या 98 रजत, दकसी भी रूप म,ें जजसके सम्बन्ध म ें अजधसूचना 777
संख्या 50/2017-सीमा िुल्क, ददनांक 30.06.2017 की प्रजत दकलोग्राम
प्रजिजष्ट संख्या 357 के अतं गतड लाभ प्राप्त दकया गया हो
(i) रजत, पदकीय या रजत जसक्कों स े जभन्न दकसी भी रूप
म,ें जजसकी रजत अंतिडस्ट्त ु 99.9 प्रजतित स े कम नहीं ह ै
या उपिीर् ड 7106 92 के अधीन आन े िाले रजत के अध ड
जिजनर्तमत प्ररूप;
(ii) पदकीय या रजत जसक्के, जजसकी रजत अंतिडस्ट्त ु 99.9
777 प्रजत
प्रजतित स े कम नहीं ह ै या डाक, कुररयर या सामान के
3 71 दकलोग्राम
माध्यम स े ऐसे माल के आयात स े जभन्न उपिीर् ड 7106 92
के अधीन आन े िाले रजत के अधड जिजनर्तमत 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 िस्ट्तुए ंनहीं ह।ैं
(i) स्ट्िणड बार, तोला बार स े जभन्न, जजस पर जिजनमाडणकताड
या ररयाइनर का खुदा हुआ क्रम संख्यांक और जमररक
यूजनटों म ेंभार अजभव्यि ह;ै
(ii) स्ट्िणड जसक्के, जजसम ें 99.5 प्रजतित स े अन्यनू स्ट्िण ड ह,ै
और स्ट्िणड प्राजप्तयां, डाक, कुररयर या बैगेज के माध्यम स े
ऐसे माल के आयात से जभन्न।
4 71 581 प्रजत 10 ग्राम
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. स.ं अध् याय/िीर्/ड टैररफ मूल् य
माल का जििरण
उपिीर्/ड टैररफ मद (अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 5252 (अथाडत कोई पररितडन नहीं)”
2. यह अजधसूचना 30 अक्टूबर, 2021 से प्रभािी होगी I
[फा. स.ं 467/01/2021-सीमा िुल्क –V]
केजिन बोबन, अिर सजचि
नोट : मूल अजधसूचना भारत के राजपत्र, असाधारण के भाग-II, खडं -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.ं 81/2021-सीमािुल्क (ग.ै ट.ै ), ददनांक 14 अक्टूबर, 2021, जजसे
का.आ. 4297 (अ) ददनांक 14 अक्टूबर, 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, the 29th October, 2021
No. 87/2021-CUSTOMS (N.T.)
S.O. 4527(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/ 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 1239
2 1511 90 10 RBD Palm Oil 1252
3 1511 90 90 Others – Palm Oil 1246
4 1511 10 00 Crude Palmolein 1259
5 1511 90 20 RBD Palmolein 1262
6 1511 90 90 Others – Palmolein 1261
7 1507 10 00 Crude Soya bean Oil 1406
8 7404 00 22 Brass Scrap (all grades) 59254 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 98 581 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 98 777 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;
3. (ii) Medallions and silver coins having silver
content not below 99.9% or semi-manufactured
71 forms of silver falling under sub-heading 7106 777 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;
4. (ii) Gold coins having gold content not below
99.5% and gold findings, other than imports of
71 such goods through post, courier or baggage. 581 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 5252(i.e., no change)‖[भाग II—खण् ड 3(ii)] भारत का राजपत्र : असाधारण 5
2. This notification shall come into force with effect from the 30th day of October, 2021.
[F. No. 467/01/2021-Cus-V]
KEVIN BOBAN, 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. 81/2021-Customs (N.T.), dated the 14th October, 2021, e-published in the Gazette of India,
Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 4297 (E), dated
14th October, 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.