Customs - Tariff Value of Gold climbs
AFTER hitting a low, Gold prices moved ahead on sustained buying by stockists and retailers for the ongoing marriage season. Silver lacks demand and the prices infact seem to dip further. So, the Central government while retaining the Tariff values of various Palm oils, Palmolein, Brass Scrap & Poppy seeds & even Silver allowed that of Gold to climb. AIU staff at Airports would once again become busy.
It now stands at
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value (USD) | Tariff Value (USD) |
|---|---|---|---|---|
(1) | (2) | (3) | (4) | (4) |
1 | 71 or 98 | Gold, in any form, in respect of which the benefit of entries at serial number 321 and 323 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed | 449 per 10 grams | 472 per 10 grams |
Notification dated 26th April, 2013