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**Report on Customs Notification No. 08/2021-Customs (N.T.)**
**1. Executive Summary:**
This report analyzes Notification No. 08/2021-Customs (N.T.) issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, which amends a previous customs notification (No. 36/2001-Customs N.T.). The core purpose of this amendment is to revise the tariff values for specific imported goods, including various types of palm oil, soya bean oil, brass scrap, poppy seeds, gold, and silver. The key findings are the specific changes in tariff values for these goods, impacting importers and related industries.
**2. Introduction:**
This report aims to provide a comprehensive overview of Notification No. 08/2021-Customs (N.T.), based solely on the information provided in the official text. It details the changes introduced to existing customs regulations concerning tariff values for certain imported goods. This report is intended for stakeholders, particularly those involved in the import and trade of the specified goods.
**3. Policy Overview:**
* **Amendment:** This notification amends the original notification No. 36/2001-Customs N.T., dated August 3, 2001.
* **Core Objective:** The core objective, as inferred from the text, is to update the tariff values applicable to specific imported goods, influencing import costs and potentially affecting trade volumes.
**4. Background and Rationale:**
This amendment likely aims to reflect changes in international market prices and other relevant economic factors that influence the valuation of the listed imported goods. These adjustments are necessary to ensure that customs duties are calculated accurately and fairly, reflecting the current market conditions.
**5. Key Provisions / Changes:**
This notification *specifically* substitutes TABLE1, TABLE2, and TABLE3 of the original notification (No. 36/2001-Customs N.T.) with new tables. The key changes are the revised tariff values, expressed in US dollars, for the following goods:
* **TABLE 1:**
* **Crude Palm Oil:** Revised to US$ 1013 per Metric Tonne.
* **RBD Palm Oil:** Revised to US$ 1038 per Metric Tonne.
* **Others Palm Oil:** Revised to US$ 1026 per Metric Tonne.
* **Crude Palmolein:** Revised to US$ 1044 per Metric Tonne.
* **RBD Palmolein:** Revised to US$ 1047 per Metric Tonne.
* **Others Palmolein:** Revised to US$ 1046 per Metric Tonne.
* **Crude Soya bean Oil:** Revised to US$ 1127 per Metric Tonne.
* **Brass Scrap all grades:** Revised to US$ 4598 per Metric Tonne.
* **Poppy seeds:** Revised to US$ 3623 per Metric Tonne.
* **TABLE 2:**
* **Gold, in any form, in respect of which the benefit of entries at serial number 356 of the 71 or 98 Notification No. 502017Customs dated 30.06.2017 is availed:** Revised to US$ 597 per 10 grams.
* **Silver, in any form, in respect of which the benefit of entries at serial number 357 of the 71 or 98 Notification No. 502017Customs dated 30.06.2017 is availed:** Revised to US$ 812 per kilogram.
* **Silver, in any form, other than medallions and silver coins having silver content not below 99.9 or semimanufactured forms of silver falling under subheading 7106 92; Medallions and silver coins having silver content not below 99.9 or semimanufactured forms of silver falling under subheading 7106 92, other than imports of such goods through post, courier or baggage.:** Revised to US$ 812 per kilogram
* **Gold bars, other than tola bars, bearing manufacturers or refiners engraved serial number and weight expressed in metric units; Gold coins having gold content not below 99.5 and gold findings, other than imports of such goods through post, courier or baggage.:** Revised to US$ 597 per 10 grams.
* **TABLE 3:**
* **Areca nuts:** Revised to US$ 3695 per Metric Tonne.
The *effect* of these changes is to adjust the base value upon which customs duties will be calculated for these specific imported goods. Increases in tariff values will likely lead to higher import costs, while decreases would lead to lower costs.
**6. Target Audience and Stakeholders:**
The primary target audience and stakeholders directly affected by these changes include:
* Importers of palm oil, palmolein, soya bean oil, brass scrap, poppy seeds, gold, silver, and areca nuts.
* Businesses involved in the trading, processing, and distribution of these commodities.
* Customs brokers and agents facilitating the import process.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency:** The Central Board of Indirect Taxes and Customs (CBIC) is the responsible body for implementing and enforcing this notification.
* **Procedures:** The revised tariff values will be used by customs officials when assessing import duties on the specified goods. Importers need to ensure their declarations reflect these updated values to avoid discrepancies.
* **Timelines:** The notification is effective from the date of its issuance (January 29, 2021).
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of these changes is to align the tariff values with current market realities. The potential impact of these changes include:
* Adjustments in import costs for the affected goods, potentially influencing consumer prices.
* Changes in the competitiveness of imported versus domestically produced goods.
* Potential shifts in import volumes depending on the magnitude of the tariff value adjustments.
**9. Conclusion:**
Notification No. 08/2021-Customs (N.T.) introduces significant revisions to the tariff values of a range of imported commodities, including palm oil, soya bean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. These amendments are critical for importers and related industries to understand and adapt to, as they directly impact import costs and overall competitiveness in the market. This notification underscores the government's ongoing efforts to manage and regulate import duties in line with evolving economic conditions.
Key Entities Referenced
Notification No. 042021Customs N.T.: Last amended notification.
New Delhi: Location of the notification issuance.
Customs Act, 1962: The legal act under which the powers are conferred.
Central Board of Indirect Taxes and Customs: The organization making the amendments.
Ministry of Finance, Department of Revenue: The government ministry and department.
Notification No. 362001Customs N.T.: Original notification being amended.
Gazette of India: The official government gazette where the notification was published.
Crude Palm Oil: Description of goods whose Tariff value is mentioned.
RBD Palm Oil: Description of goods whose Tariff value is mentioned.
Others Palm Oil: Description of goods whose Tariff value is mentioned.
Crude Palmolein: Description of goods whose Tariff value is mentioned.
RBD Palmolein: Description of goods whose Tariff value is mentioned.
Others Palmolein: Description of goods whose Tariff value is mentioned.
Crude Soya bean Oil: Description of goods whose Tariff value is mentioned.
Brass Scrap: Description of goods whose Tariff value is mentioned.
Poppy seeds: Description of goods whose Tariff value is mentioned.
Gold: Description of goods whose Tariff value is mentioned.
Silver: Description of goods whose Tariff value is mentioned.
Notification No. 502017Customs: Notification number for gold and silver.
Areca nuts: Description of goods whose Tariff value is mentioned.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-29012021-224768
xxxGIDHxxx
CG-DL-E-29012021-224768
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.ं 409] नई कदल्ली, िुक्रिार, िनिरी 29, 2021/माघ 9, 1942
No. 409] NEW DELHI, FRIDAY, JANUARY 29, 2021/MAGHA 9, 1942
वित्त मंत्रालय
(राजस्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ंसीमा शल्ु क बोडड)
अजधसचू ना
नई दिल्ली, 29 जनिरी, 2021
स.ं 08/2021-सीमा शल्ु क (ग.ैटै.)
का.आ. 446(अ).—सीमा शुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा प्रदत् त
शवियों का प्रयोग करते हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा शुल्क बोडड, इस बात स े संतुष्ट होन ेपर कक ऐसा करना आिश्यक
एि ंसमीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (राजस्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा शुल्क (ग.ै टै.),
कदनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748(अ), कदनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण के
भाग-II, खंड-3, उपखंड (ii) म ेंप्रकाजित ककया गया था, में वनम्नवलवित सिं ोधन करता ह,ै अथाडत्:-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयां प्रजतस्ट्थाजपत की
िाएगं ी, अथाडत:्-
607 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
"सारणी-1
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 1511 10 00 कच् चा पॉम ऑयल 1013
2 1511 90 10 आर बी डी पॉम ऑयल 1038
3 1511 90 90 अन् य पॉम ऑयल 1026
4 1511 10 00 कच् चा पामोजलन 1044
5 1511 90 20 आर बी डी पामोलीन 1047
6 1511 90 90 अन्य पामोलीन 1046
7 1507 10 00 सोयाबीन का कच् चा तेल 1127
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 4598
9 1207 91 00 पोस्ट् त बीि 3623
सारणी-2
क्रम. स.ं अध् याय/िीर्/ड
टैररफ मूल् य
उपिीर्/ड टैररफ मद माल का जििरण
(अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, ककसी भी रूप में, जिसके सम्बन्ध म ें अजधसूचना 597 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, कदनांक 30.06.2017 की
प्रजिजि संख्या 356 के अतं गतड लाभ प्राप्त ककया गया हो
2 71 या 98 रित, ककसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना 812 प्रजत ककलोग्राम
संख्या 50/2017-सीमा िुल्क, कदनांक 30.06.2017 की
प्रजिजि संख्या 357 के अतं गतड लाभ प्राप्त ककया गया हो
3 71 (i) रजत, पिकीय या रजत वसक्कों स े विन्न दकसी िी रूप म,ें 812 प्रजत ककलोग्राम
वजसकी रजत अंतिवस्त ु 99.9 प्रवतशत स े कम नहीं ह ै या
उपशीर् व 7106 92 के अधीन आन े िाले रजत के अध व
विवनर्मवत प्ररूप;
(ii) पिकीय या रजत वसक्के, वजसकी रजत अंतिवस्त ु 99.9
प्रवतशत स े कम नहीं ह ै या डाक, कुररयर या सामान के
माध्यम स ेऐसे माल के आयात स े विन्न उपशीर् व7106 92 के
अधीन आन ेिाले रजत के अध वविवनर्मवत प्ररूप।
स्पष्टीकरण - इस प्रविवष्ट के प्रयोजनों के वलए, दकसी िी
प्ररूप म ें रजत के अंतर्तव वििेशी मुद्रा के वसक्के, रजत स े बन े
आिूर्ण या रजत से बनी िस्तुए ंनहीं ह।ैं[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
4 71 (i) स्िण व बार, तोला बार से विन्न, वजस पर विवनमावणकताव 597 प्रजत 10 ग्राम
या ररयाइनर का िुिा हुआ क्रम संखयांक और वमरिक यूवनटों
म ेंिार अविव्यि ह;ै
(ii) स्िणव वसक्के, वजसमें 99.5 प्रवतशत स े अन्यून स्िणव ह,ै और
स्िण व प्रावियां, डाक, कुररयर या बैर्ेज के माध्यम स े ऐसे
माल के आयात स ेविन्न।
स्पष्टीकरण - इस प्रविवष्ट के प्रयोजन के वलए, "स्िण व प्रावियां"
स े कोई छोटा संघटक, जैसे हुक, क्लास्प, क्लैंप, वपन, कैच,
स्क्रू बैक, वजसका उपयोर् पूण व आिूर्ण या उसके दकसी िार्
को स्थान म ें जोड़े रिन े के वलए दकया जाता ह,ै अविप्रेत ह।ै
सारणी-3
क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य
माल का जििरण
उपिीर्ड/ टैररफ मद
(अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 080280 सुपारी 3695”
[फा. स.ं 467/01/2021-सीमा शुलक् –V]
बुलो मामु, अिर सवचि
नोट: मलू अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें अजधसूचना सं. 36/2001-सीमा
िुल् क (ग.ैटै.), कदनांक 3 अगस्ट्त, 2001, का.आ. 748(अ), कदनांक 3 अगस्ट्त, 2001 के तहत प्रकाजित की गई थी,
तथा यह अंजतम बार अजधसूचना स.ं 04/2021-सीमािुल्क (ग.ैटै.), कदनांक 15 जनिरी, 2021, जिसे
का.आ. 204 (अ) कदनांक 15 जनिरी, 2021 के तहत भारत के रािपत्र, असाधारण के भाग-II, खडं -3, उपखडं (ii)
म ें ई-प्रकाजित ककया गया था, के द्वारा संिोजधत की गई थी ।
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 29th January, 2021
No. 08/2021-CUSTOMS (N.T.)
S.O. 446 (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: -4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
“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 1013
2 1511 90 10 RBD Palm Oil 1038
3 1511 90 90 Others – Palm Oil 1026
4 1511 10 00 Crude Palmolein 1044
5 1511 90 20 RBD Palmolein 1047
6 1511 90 90 Others – Palmolein 1046
7 1507 10 00 Crude Soya bean Oil 1127
8 7404 00 22 Brass Scrap (all grades) 4598
9 1207 91 00 Poppy seeds 3623
TABLE-2
Sl. Chapter/ heading/ Description of goods Tariff value
No. sub-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 98 597 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
71 or 98 812 per kilogram
Notification No. 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 below 99.9% or semi-manufactured
71 forms of silver falling under sub-heading 7106 812 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.
4. (i) Gold bars, other than tola bars, bearing
71 manufacturer’s or refiner’s engraved serial 597 per 10 grams
number and weight expressed in metric units;[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
(ii) Gold coins having gold content not below
99.5% and gold findings, other than imports of
such goods 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/ Description of goods
Tariff value
No. sub-heading/tariff
(US $ Per Metric Tonne)
item
(1) (2) (3) (4)
1 080280 Areca nuts 3695”
[F. No. 467/01/2021-Cus-V]
BULLO MAMU, 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. 04/2021-Customs (N.T.), dated the 15th January, 2021, e-published in the Gazette of
India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 204(E), dated
15th January, 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.