TIOL-DDT 2134 · Tuesday, 25 June 2013 · story 5 of 7

Tariff Values for Gold decreased

THE Central Government has decreased the Tariff Value (USD) of Gold. All other Tariff values remain unchanged. Gold would continue to hog the limelight - its tariff value may either increase or decrease but remaining unchanged is for the time being ruled out.

The rates as on 14.06.2013 and with effect from 24.06.2013 are as under:

Table 1

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD(Per Metric Tonne)
from 14.6.2013

Tariff value USD(Per Metric Tonne)
from 24.6.2013

(1)

(2)

(3)

(4)

(5)

1

1511 10 00

Crude Palm Oil

852

852 (no change)

2

1511 90 10

RBD Palm Oil

859

859 (no change)

3

1511 90 90

Others - Palm Oil

856

856 (no change)

4

1511 10 00

Crude Palmolein

866

866 (no change)

5

1511 90 20

RBDPalmolein

869

869 (no change)

6

1511 90 90

Others - Palmolein

868

868 (no change)

7

1507 10 00

Crude Soyabean Oil

1043

1043 (no change)

8

7404 00 22

Brass Scrap (all grades)

3930

3930 (no change)

9

1207 91 00

Poppy seeds

4395

4395 (No change)

Table 2

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value
(USD) from 14.6.2013

Tariff value
(USD) from 24.6.2013

(1)

(2)

(3)

(4)

(5)

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

450 per 10 grams

421 per 10 grams

2

71 or 98

Silver, in any form in respect of which the benefit of entries at serial number 322 and 324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed

709 per kilogram

709 per kilogram

(no change)

Notification No. , Dated: June 24, 2013

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