Tariff Value of Gold, Silver Decreased
THE Government has decreased the Tariff value of Gold from 397 USD to 393 USD per 10 gms. The tariff value of Silver is also decreased from 551 USD to 549 USD per kilogram.
Tariff values of most of the oils have also been reduced.
TheTariff values as on 13.02.2015 and with effect from 27.02.2015 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) | (5) | (6) |
1 | 1511 10 00 | Crude Palm Oil | 669 | 684 |
2 | 1511 90 10 | RBD Palm Oil | 710 | 706 |
3 | 1511 90 90 | Others - Palm Oil | 690 | 695 |
4 | 1511 10 00 | Crude Palmolein | 719 | 715 |
5 | 1511 90 20 | RBDPalmolein | 722 | 718 |
6 | 1511 90 90 | Others - Palmolein | 721 | 717 |
7 | 1507 10 00 | Crude Soyabean Oil | 792 | 803 |
8 | 7404 00 22 | Brass Scrap (all grades) | 3484 | 3508 |
9 | 1207 91 00 | Poppy seeds | 3747 | 3747 |
Table 2 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD | Tariff value USD |
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. | 397 per 10 grams | 393 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. | 551 per kilogram | 549 per kilogram |
Table 3 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tons) | Tariff value USD (Per Metric Tons) |
1 | 080280 | Areca nuts | 2280 | 2280 |
Notification No. , Dated: February 27, 2015