The Central Board of Indirect Taxes and Customs (CBIC) on July 15, 2020, has amended the tariff Notification in respect of fixation of tariff value of the following goods:
• Crude Palm Oil
• RBD Palm Oil
• Others- Palm Oil
• Crude Palmolein
• RBD Palmolein
• Others- Palmolein
• Crude Soya Bean Oil
• Brass Scrap (all grades)
• Poppy Seeds
• Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated June 30, 2017 is availed.
• Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated June 30, 2017 is availed.
• Gold bars, other than tola bars, bearing manufacturer’s or refiner’s 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.
• Areca Nuts
The Table 1, 2 and 3 provided in the Notification will be substituted for the existing tables in its parent Notification. These tables contain the details about Chapter headings, descriptions of goods and tariff value.
[Notification No. 65/2020- Customs (N.T.)]
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