Tariff Value fixed for Areca Nuts
THE Central Government has fixed Tariff Value for import of Areca Nuts. To the notification 36/2001-Cus(NT), dated August 3, 2001, one more Table has been added.
The combination of areca nut with betel leaf is called tambulam in Sanskrit, bajjai in Tulu, and paan in Hindi, Marathi, Punjabi, and Urdu. One would never have imagined the humble ‘supari' to have hogged the limelight!
In the days to come, we will see fluctuation in the value of this commodity too and amending notifications issued day in and day out.
TABLE - 3
S.No. | Chapter /Heading /Sub-heading Tariff item | Description of goods | Tariff Value (US $ Per Metric Tons) |
|---|---|---|---|
(1) | (2) | (3) | (4) |
1 | 080280 | Areca nuts | 1613 |
Notification , dated June, 25, 2013