**Report on Customs Notification No. 04/2021-Customs (N.T.)**
**1. Executive Summary:**
This report analyzes Customs Notification No. 04/2021-Customs (N.T.), issued by the Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs. This notification constitutes an amendment to Notification No. 36/2001-Customs (N.T.) and its purpose is to revise the tariff values for certain goods, including palm oil, soya bean oil, brass scrap, poppy seeds, gold, and silver. The key finding is the specific alteration of Tables 1, 2, and 3 within the original notification, which directly impacts import costs due to changes in tariff values.
**2. Introduction:**
This report provides an overview and analysis of Customs Notification No. 04/2021-Customs (N.T.), based solely on the information contained within the provided text. The report aims to inform affected parties about the changes introduced by this notification and their potential implications.
**3. Policy Overview:**
* This notification is an amendment to Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001.
* The core objective of this amendment, as inferred from the text, is to update the tariff values used for customs valuation of specific imported goods.
**4. Background and Rationale:**
The rationale for this amendment likely stems from the need to periodically adjust tariff values to reflect fluctuations in international market prices of the goods listed. This ensures that import duties are calculated on a realistic and current valuation basis. The specific changes suggest an adjustment to align with recent market dynamics for palm oil, soya bean oil, brass scrap, poppy seeds, gold, and silver.
**5. Key Provisions / Changes:**
This notification amends Notification No. 36/2001-Customs (N.T.) by substituting the existing Tables 1, 2, and 3 with new tables containing revised tariff values. The specific changes are as follows:
* **Table 1:** Revised tariff values (in US Dollars per Metric Tonne) for:
* Crude Palm Oil (Tariff item 1511 10 00): 1049
* RBD Palm Oil (Tariff item 1511 90 10): 1061
* Others Palm Oil (Tariff item 1511 90 90): 1055
* Crude Palmolein (Tariff item 1511 10 00): 1064
* RBD Palmolein (Tariff item 1511 90 20): 1067
* Others Palmolein (Tariff item 1511 90 90): 1066
* Crude Soya bean Oil (Tariff item 1507 10 00): 1165
* Brass Scrap all grades (Tariff item 7404 00 22): 4714
* Poppy seeds (Tariff item 1207 91 00): 3623
* **Table 2:** Revised tariff values for:
* Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed: 71 per 10 grams
* Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed: 98 per kilogram
* i) 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; ii) 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: 814 per kilogram
* i) Gold bars, other than tola bars, bearing manufacturers or refiners 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 through post, courier or baggage: 593 per 10 grams
* **Table 3:** Revised tariff values (in US Dollars per Metric Tonne) for:
* Areca nuts (Tariff item 080280): 3695
The effect of these changes is a direct adjustment to the assessable value of these goods upon import, influencing the final duty payable.
**6. Target Audience and Stakeholders:**
The primary target audience includes:
* Importers of palm oil, palmolein, soya bean oil, brass scrap, poppy seeds, gold, and silver.
* Customs brokers and agents involved in the import process.
* Businesses that utilize these commodities as raw materials.
**7. Implementation Aspects (Inferred):**
* The Central Board of Indirect Taxes and Customs (CBIC) is the responsible agency for implementing this notification.
* The notification takes effect from the date of its issuance: January 15, 2021.
* Customs officials will use the revised tariff values specified in the new tables when assessing the customs duties applicable to the imported goods.
**8. Expected Outcomes / Impact of Changes:**
The intended outcome of these changes is to ensure accurate and fair valuation of imported goods, reflecting current market prices. The specific impact will vary depending on the commodity and the magnitude of the tariff value adjustment. Businesses importing these goods will experience a direct change in their import costs, which may necessitate adjustments to pricing strategies.
**9. Conclusion:**
Customs Notification No. 04/2021-Customs (N.T.) is a significant amendment that updates the tariff values for a range of imported goods. The revised values directly impact the calculation of import duties and will affect importers and related industries. Staying informed about these changes is crucial for businesses involved in the import of these commodities.
Key Entities Referenced
NEW DELHI: Place of publication of the Gazette of India
Customs Act, 1962: Act under which powers are conferred for the notification
Central Board of Indirect Taxes and Customs: Organization issuing the notification
Crude Palm Oil: Description of goods with tariff value
RBD Palm Oil: Description of goods with tariff value
Palm Oil: Description of goods with tariff value
Crude Palmolein: Description of goods with tariff value
RBD Palmolein: Description of goods with tariff value
Palmolein: Description of goods with tariff value
Crude Soya bean Oil: Description of goods with tariff value
Brass Scrap: Description of goods with tariff value
Poppy seeds: Description of goods with tariff value
Gold: Description of goods with tariff value
Silver: Description of goods with tariff value
Areca nuts: Description of goods with tariff value
MINISTRY OF FINANCE Department of Revenue: The ministry and department responsible for the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-15012021-224463
xxxGIDHxxx
CG-DL-E-15012021-224463
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.ं 184] नई कदल्ली, िुक्रिार, िनिरी 15, 2021/पौर् 25, 1942
No. 184] NEW DELHI, FRIDAY, JANUARY 15, 2021/PAUSHA 25, 1942
वित्त मंत्रालय
(राजस्ि जिभाग)
(केंद्रीय अप्रत्यक्ष कर एिं सीमा शुल्क बोडड)
अजधसचू ना
नई दिल्ली, 15 जनिरी, 2021
स.ं 04/2021-सीमा शल्ु क (ग.ैटै.)
का. आ. 204(अ).— सीमा िुल्क अजधजनयम, 1962 (1962 का 52) की धारा 14 की उपधारा (2) द्वारा
प्रदत् त िजियों का प्रयोग करत े हुए, केंद्रीय अप्रत्यक्ष कर एि ं सीमा िुल्क बोड,ड इस बात स े संतुष्ट होने पर कक ऐसा करना
आिश्यक एि ं समीचीन ह,ै एतद्द्वारा, भारत सरकार, जित्त मंत्रालय (रािस्ट्ि जिभाग) की अजधसूचना स.ं 36/2001-सीमा
िुल्क (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, म ें जनम्नजलजखत संिोधन करता ह,ै अथाडत्:-
उक्त अजधसूचना म,ें सारणी-1, सारणी-2 और सारणी-3 के स्ट्थान पर जनम्नजलजखत सारजणयााँ प्रजतस्ट्थाजपत की
िाएाँगी, 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 1049
281 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2 1511 90 10 आर बी डी पॉम ऑयल 1061
3 1511 90 90 अन् य पॉम ऑयल 1055
4 1511 10 00 कच्चा पामोजलन 1064
5 1511 90 20 आर बी डी पामोलीन 1067
6 1511 90 90 अन्य पामोलीन 1066
7 1507 10 00 सोयाबीन का कच् चा तेल 1165
8 7404 00 22 पीतल स्ट् क्रेप (सभी ग्रडे ) 4714
9 1207 91 00 पोस्ट् त बीि 3623
सारणी-2
क्रम. स.ं अध् याय/िीर्/ड
टैररफ मूल् य
उपिीर्/ड टैररफ माल का जििरण
(अमरीकी डालर)
मद
(1) (2) (3) (4)
1 71 या 98 स्ट्िणड, ककसी भी रूप में, जिसके सम्बन्ध म ें अजधसूचना 593 प्रजत 10 ग्राम
संख्या 50/2017-सीमा िुल्क, कदनांक 30.06.2017 की
प्रजिजष्ट संख्या 356 के अतं गतड लाभ प्राप्त ककया गया हो
2 71 या 98 रित, ककसी भी रूप म,ें जिसके सम्बन्ध म ें अजधसूचना 814 प्रजत
संख्या 50/2017-सीमा िुल्क, कदनांक 30.06.2017 की ककलोग्राम
प्रजिजष्ट संख्या 357 के अतं गतड लाभ प्राप्त ककया गया हो
3 71 (i) रजत, पिकीय या रजत विक्कों ि े विन्न दकिी िी रूप 814 प्रजत
म,ें वजिकी रजत अंतिवस्त ु 99.9 प्रवतशत ि े कम नहीं ह ै ककलोग्राम
या उपशीर् व 7106 92 के अधीन आन े िाले रजत के अध व
विवनर्मवत प्ररूप;
(ii) पिकीय या रजत विक्के, वजिकी रजत अंतिवस्त ु 99.9
प्रवतशत िे कम नहीं ह ै या डाक, कुररयर या िामान के
माध्यम ि े ऐिे माल के आयात ि े विन्न उपशीर् व 7106
92 के अधीन आन ेिाले रजत के अध वविवनर्मवत प्ररूप।
स्पष्टीकरण - इि प्रविवष्ट के प्रयोजनों के वलए, दकिी िी
प्ररूप म ें रजत के अंतर्तव वििेशी मुद्रा के विक्के, रजत ि े
बने आिूर्ण या रजत ि े बनी िस्तुए ंनहीं ह।ैं
4 71 (i) स्िणव बार, तोला बार िे विन्न, वजि पर 593 प्रजत 10 ग्राम
विवनमावणकता व या ररयाइनर का खुिा हुआ क्रम िंखयांक
और वमरिक यूवनटों में िार अविव्यक्त ह;ै[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 3
(ii) स्िणव विक्के, वजिमें 99.5 प्रवतशत ि े अन्यून स्िण व ह,ै
और स्िणव प्रावियां, डाक, कुररयर या बैर्ेज के माध्यम ि े
ऐिे माल के आयात िे विन्न।
स्पष्टीकरण - इि प्रविवष्ट के प्रयोजन के वलए, "स्िण व
प्रावियां" ि े कोई छोटा िंघटक, जैिे हुक, क्लास्प, क्लैंप,
वपन, कैच, स्क्रू बैक, वजिका उपयोर् पूण व आिूर्ण या
उिके दकिी िार् को स्थान म ें जोड़े रखन े के वलए दकया
जाता ह,ै अविप्रेत ह।ै
सारणी-3
क्रम. स.ं अध् याय/िीर्/ड
टैररफ मूल् य
उपिीर्/ड टैररफ माल का जििरण
(अमरीकी डालर प्रजत मीररक टन)
मद
(1) (2) (3) (4)
1 080280 सुपारी 3695”
[फा. स.ं 467/01/2021-सीमा शुल्क –V]
बुलो मामु, अिर िवचि
नोट: मूल अजधसूचना भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (ii) म ें अजधसूचना स.ं 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.ं 117/2020-सीमािुल्क (ग.ै ट.ै ), कदनांक 31 कदसंबर, 2020, जिसे का.आ.
4793 (अ) कदनांक 31 कदसंबर, 2020 के तहत भारत के रािपत्र, असाधारण के भाग-II, खंड-3, उपखंड (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 15th January, 2021
No. 04/2021-CUSTOMS (N.T.)
S.O. 204(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 1049
2 1511 90 10 RBD Palm Oil 1061
3 1511 90 90 Others – Palm Oil 1055
4 1511 10 00 Crude Palmolein 1064
5 1511 90 20 RBD Palmolein 1067
6 1511 90 90 Others – Palmolein 1066
7 1507 10 00 Crude Soya bean Oil 1165
8 7404 00 22 Brass Scrap (all grades) 4714
9 1207 91 00 Poppy seeds 3623
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
71 or 98 entries at serial number 356 of the Notification No. 593 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 814 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
content not below 99.9% or semi-manufactured
71 forms of silver falling under sub-heading 7106 92, 814 per kilogram
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
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
71 593 per 10 grams
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.[भाग II—खण् ड 3(ii)] भारत का रािपत्र : असाधारण 5
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 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. 117/2020-Customs (N.T.), dated the
31st December, 2020, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii),
vide number S.O. 4793 (E), dated 31st December, 2020.
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.