Tariff Values for Gold & Silver increased
THE Central Government has increased the Tariff Value of Gold, Silver& Brass Scrap. The Tariff values of various Palm oils, Palmolein and Crude Soyabean oil have been reduced. Surprisingly, Poppy seed value which refused to budge for long has seen a drastic fall. Areca Nuts Tariff value remains same since inception.
The rates as on 15.07.2013 and with effect from 31.07.2013 are as under:
Table 1
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD(Per Metric Tonne) | Tariff value USD(Per Metric Tonne) |
|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) |
1 | 1511 10 00 | Crude Palm Oil | 834 | 820 |
2 | 1511 90 10 | RBD Palm Oil | 867 | 855 |
3 | 1511 90 90 | Others - Palm Oil | 851 | 838 |
4 | 1511 10 00 | Crude Palmolein | 876 | 868 |
5 | 1511 90 20 | RBD Palmolein | 879 | 871 |
6 | 1511 90 90 | Others - Palmolein | 878 | 870 |
7 | 1507 10 00 | Crude Soyabean Oil | 975 | 952 |
8 | 7404 00 22 | Brass Scrap (all grades) | 3759 | 3828 |
9 | 1207 91 00 | Poppy seeds | 4395 | 2648 |
Table 2
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value | Tariff value |
|---|---|---|---|---|
(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 | 416 per 10 grams | 430 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 | 638 per kilogram | 639 per kilogram |
Table 3
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff Value (US $ Per Metric Tons) from 15.7.2013 | Tariff Value (US $ Per Metric Tons) from 31.7.2013 |
|---|---|---|---|---|
(1) | (2) | (3) | (4) | (5) |
1 | 080280 | Areca nuts | 1613 | 1613 (no change) |
Notification No. , Dated: July 31, 2013