## Policy Analysis Report: Notification No. 16/2021-Customs (N.T.)
**1. Executive Summary:**
This report analyzes Notification No. 16/2021-Customs (N.T.), dated February 15, 2021, which amends a previous notification (No. 36/2001-Customs N.T.). The amendment modifies the tariff values for various goods, including palm oil, soya bean oil, brass scrap, poppy seeds, gold, and silver, as prescribed under Section 14(2) of the Customs Act, 1962. The core purpose is to update these tariff values, likely to reflect changes in market prices or other economic factors. The key finding is that the amendment provides updated tariff rates, impacting customs duties and potentially the pricing of these goods.
**2. Introduction:**
This report aims to provide a comprehensive overview of Notification No. 16/2021-Customs (N.T.) based on the information contained within the provided text. It focuses on understanding the changes introduced by the notification and their likely implications.
**3. Policy Overview:**
* **Amendment:** This notification amends the Government of India, Ministry of Finance (Department of Revenue) Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001.
* **Core Objective:** Based on the text, the core objective is to update the tariff values of specified goods for customs duty purposes. This is done under the powers conferred by subsection (2) of section 14 of the Customs Act, 1962.
**4. Background and Rationale:**
The amendment appears to be necessary for updating tariff values to align with current market conditions. Tariff values are not static, and periodic adjustments are needed to reflect fluctuations in global commodity prices, exchange rates, and other relevant economic indicators. The provided text itself doesn't explain explicitly the reason for the amendment.
**5. Key Provisions / Changes:**
This notification *amends* Notification No. 36/2001-Customs (N.T.). Specifically, the amendment replaces the existing "TABLE1, TABLE2, and TABLE3" with new tables providing updated tariff values.
* **What specific part of the original policy is being changed:** The tariff values specified in Tables 1, 2 and 3 of the original notification are being updated.
* **What the *new* rule/provision *is*:** The new tables detail the updated tariff values for the following goods:
* **Table 1:** Crude Palm Oil (US$1045 per Metric Tonne), RBD Palm Oil (US$1070 per Metric Tonne), Others Palm Oil (US$1058 per Metric Tonne), Crude Palmolein (US$1076 per Metric Tonne), RBD Palmolein (US$1079 per Metric Tonne), Others Palmolein (US$1078 per Metric Tonne), Crude Soya bean Oil (US$1103 per Metric Tonne), Brass Scrap all grades (US$4610 per Metric Tonne), Poppy seeds (US$3623 per Metric Tonne).
* **Table 2:** Specifies tariff values for Gold and Silver in various forms, referencing previous notifications (No. 585/2017-Customs and No. 5/2017-Customs, both dated 30.06.2017). For example, Gold in any form, in respect of which the benefit of 71 or 98 entries at serial number 356 of the Notification No. 585 per 10 grams 502017Customs dated 30.06.2017 is availed is assigned a new tariff value.
* **Table 3:** Areca nuts (US$4284 per Metric Tonne).
* **Explain the *difference* or the *effect* of this specific change:** The difference lies in the updated tariff values. The effect will be a change in the assessable value for customs duty calculation for the specified goods. This will directly affect the final amount of duty levied on imports of these items.
**6. Target Audience and Stakeholders:**
The target audience and stakeholders include:
* Importers and exporters of the goods listed in the tables (palm oil, soya bean oil, brass scrap, poppy seeds, gold, silver, and areca nuts).
* Customs brokers and agents.
* Businesses involved in the processing and trading of these commodities.
* Any individual or organization that relies on these commodities, because their cost is affected by import duties.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Central Board of Indirect Taxes and Customs (CBIC) is the responsible body, as indicated in the notification.
* **Timelines/Procedures:** The notification is effective from the date of its issuance (February 15, 2021). The procedures for applying the updated tariff values would be those already established under the Customs Act, 1962.
**8. Expected Outcomes / Impact of Changes:**
The intended outcome of these specific changes is to ensure that customs duties are calculated based on current and accurate tariff values. The potential impact includes:
* Adjustments in the cost of imported goods, reflecting the updated tariff values.
* Possible adjustments in pricing strategies for businesses dealing with these goods.
* Potentially increase or decrease in government revenue.
**9. Conclusion:**
Notification No. 16/2021-Customs (N.T.) is a significant amendment that updates the tariff values for a range of important commodities. These revisions are likely implemented to align tariff values with current market realities. This update has direct implications for importers, exporters, and related industries involved in the trade of these goods, influencing their cost structures and potentially their pricing strategies. Regular monitoring of such notifications is crucial for businesses operating in these sectors to ensure compliance and effective planning.
Key Entities Referenced
Customs Act, 1962: A legal act referenced in the context of exercising powers conferred by subsection 2 of section 14.
Central Board of Indirect Taxes and Customs: A government organization under the Department of Revenue, Ministry of Finance, responsible for customs and indirect taxes.
Ministry of Finance: A ministry of the Government of India.
Department of Revenue: A department within the Ministry of Finance.
New Delhi: The location where the notification was issued.
Crude Palm Oil: A type of goods with a specified tariff value.
RBD Palm Oil: A type of goods with a specified tariff value.
Crude Palmolein: A type of goods with a specified tariff value.
RBD Palmolein: A type of goods with a specified tariff value.
Crude Soya bean Oil: A type of goods with a specified tariff value.
Brass Scrap: A type of goods with a specified tariff value.
Poppy seeds: A type of goods with a specified tariff value.
Gold: A type of goods with a specified tariff value.
Silver: A type of goods with a specified tariff value.
Areca nuts: A type of goods with a specified tariff value.
Notification No. 585 502017Customs dated 30.06.2017: A specific notification related to customs.
Notification No. 872 502017Customs dated 30.06.2017: A specific notification related to customs.
Notification No. 362001Customs N.T., dated the 3rd August, 2001: A notification of the Government of India in the Ministry of Finance, Department of Revenue.
BULLO MAMU: Under Secretary, possibly the signatory of the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-15022021-225163
xxxGIDHxxx
CG-DL-E-15022021-225163
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.ं 621] नई कदल्ली, सोमिार, फरिरी 15, 2021/माघ 26, 1942
No. 621] NEW DELHI, MONDAY, FEBRUARY 15, 2021/MAGHA 26, 1942
वित्त मंत्रालय
(राजस्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एि ं सीमा शुल्क बोडड)
अजधसचू ना
नई दिल्ली, 15 फरिरी, 2021
स.ं 16/2021-सीमा शल्ु क (ग.ैटै.)
का.आ. 675(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, वित्त मंत्रालय (राजस्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा शुल्क
(ग.ै ट.ै ), कदनांक 3 अगस्ट्त, 2001, जिसे का.आ. 748 (अ), कदनांक 3 अगस्ट्त, 2001 के तहत भारत के रािपत्र, असाधारण
के भाग-II, खंड-3, उपखडं (ii) म ें प्रकाजित ककया गया था, म ें विम्नवलवित संिोधन करता ह,ै अथाडत:्-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
िाएाँगी, अथाडत:्-
934 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 मूल् य
माल का जििरण
टैररफ मद
(अमरीकी डालर प्रजत मीररक टन)
(1) (2) (3) (4)
1 1511 10 00 कच्चा पॉम ऑयल 1045
2 1511 90 10 आर बी डी पॉम ऑयल 1070
3 1511 90 90 अन् य पॉम ऑयल 1058
4 1511 10 00 कच्चा पामोजलन 1076
5 1511 90 20 आर बी डी पामोलीन 1079
6 1511 90 90 अन्य पामोलीन 1078
7 1507 10 00 सोयाबीन का कच् चा तेल 1103
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 4610
9 1207 91 00 पोस्ट् त बीि 3623
सारणी-2
क्रम. स.ं अध् याय/िीर्/ड टैररफ मूल् य
माल का जििरण
उपिीर्ड/ टैररफ मद
(अमरीकी डालर)
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, ककसी भी रूप में, जिसके सम्बन्ध में अजधसूचना 585 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 में अजधसूचना 872 प्रजत
संख्या 50/2017-सीमा िुल्क, कदनांक 30.06.2017 की ककलोग्राम
प्रजिजि संख्या 357 के अतं गतड लाभ प्राप्त ककया गया हो
3 71 (i) रजत, पिकीय या रजत वसक्कों स े विन्न दकसी िी रूप 872 प्रजत
म,ें वजसकी रजत अंतिवस्त ु 99.9 प्रवतशत स े कम िहीं ह ै ककलोग्राम
या उपशीर् व 7106 92 के अधीि आि े िाले रजत के अध व
विविर्मवत प्ररूप;
(ii) पिकीय या रजत वसक्के, वजसकी रजत अंतिवस्त ु 99.9
प्रवतशत स े कम िहीं ह ै या डाक, कुररयर या सामाि के
माध्यम स े ऐसे माल के आयात स े विन्न उपशीर्व 7106 92
के अधीि आि े िाले रजत के अधव विविर्मवत प्ररूप।
स्पष्टीकरण - इस प्रविवष्ट के प्रयोजिों के वलए, दकसी िी[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
प्ररूप म ें रजत के अंतर्वत वििेशी मुद्रा के वसक्के, रजत स े
बिे आिूर्ण या रजत स े बिी िस्तुए ंिहीं ह।ैं
4 71 (i) स्िणव बार, तोला बार स े विन्न, वजस पर विविमावणकता व 585 प्रजत 10 ग्राम
या ररयाइिर का िुिा हुआ क्रम संखयांक और वमरिक
यूविटों म ेंिार अविव्यि ह;ै
(ii) स्िणव वसक्के, वजसम ें 99.5 प्रवतशत स े अन्यूि स्िण व ह,ै
और स्िणव प्रावियां, डाक, कुररयर या बैर्ेज के माध्यम स े
ऐसे माल के आयात से विन्न।
स्पष्टीकरण - इस प्रविवष्ट के प्रयोजि के वलए, "स्िण व
प्रावियां" स े कोई छोटा संघटक, जैसे हुक, क्लास्प, क्लैंप,
वपि, कैच, स्क्रू बैक, वजसका उपयोर् पूण व आिूर्ण या
उसके दकसी िार् को स्थाि म ें जोड़े रििे के वलए दकया
जाता ह,ै अविप्रते 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 4284”
[फा. स.ं 467/01/2021-सीमा शुल्क –V]
बुलो मामु, अिर सवचि
नोट: मूल 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 अजधसचू ना स.ं 15/2021-सीमािुल्क (ग.ैटै.), कदनांक 05 फरिरी, 2021, जिसे का.आ.
562(अ) कदनांक 05 फरिरी, 2021 के तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें ई-
प्रकाजित ककया 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 15th February, 2021
No. 16/2021-CUSTOMS (N.T.)
S.O. 675(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 Finance4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(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 1045
2 1511 90 10 RBD Palm Oil 1070
3 1511 90 90 Others – Palm Oil 1058
4 1511 10 00 Crude Palmolein 1076
5 1511 90 20 RBD Palmolein 1079
6 1511 90 90 Others – Palmolein 1078
7 1507 10 00 Crude Soya bean Oil 1103
8 7404 00 22 Brass Scrap (all grades) 4610
9 1207 91 00 Poppy seeds 3623
TABLE-2
Sl. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item
(US $)
(1) (2) (3) (4)
1. Gold, in any form, in respect of which the benefit of
71 or 98 entries at serial number 356 of the Notification No. 585 per 10 grams
50/2017-Customs dated 30.06.2017 is availed
2. Silver, in any form, in respect of which the benefit
71 or 98 of entries at serial number 357 of the Notification 872 per kilogram
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
71 872 per kilogram
content not below 99.9% or semi-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[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
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
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
71 585 per 10 grams
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. No. Chapter/ heading/ sub- Description of goods Tariff value
heading/tariff item
(US $ Per Metric Tonne)
(1) (2) (3) (4)
1 080280 Areca nuts 4284”
[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. 15/2021-Customs (N.T.),
dated the 5th February, 2021, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-
section (ii), vide number S.O. 562 (E), dated 5th February, 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.