Tariff Value of Gold slightly increased, Silver Decreased
THE Government has increased the Tariff value of Gold from 385 USD to 388 USD per 10 gms. The tariff value of Silver is reduced from 543 USD to 524 USD per kilogram.
Tariff values of all the oils, Brass Scrap and Poppy Seeds and even Areca Nuts have been changed.
The Tariff values as on 31.03.2015 and with effect from 15.04.2015 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 | 656 | 658 |
2 | 1511 90 10 | RBD Palm Oil | 665 | 682 |
3 | 1511 90 90 | Others - Palm Oil | 661 | 670 |
4 | 1511 10 00 | Crude Palmolein | 667 | 684 |
5 | 1511 90 20 | RBDPalmolein | 670 | 687 |
6 | 1511 90 90 | Others -Palmolein | 669 | 686 |
7 | 1507 10 00 | Crude Soyabean Oil | 734 | 726 |
8 | 7404 00 22 | Brass Scrap (all grades) | 3480 | 3469 |
9 | 1207 91 00 | Poppy seeds | 2817 | 2602 |
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. | 385 per 10 grams | 388 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. | 543 per kilogram | 524 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 | 2264 |
Notification No. , Dated: April 15 2015
Until Tomorrow with more DDT
Have a nice day.
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