TIOL-DDT 2589 · Friday, 1 May 2015 · story 4 of 7

Tariff Value of Gold and Silver Increased

THE Government has increased the Tariff value of Gold from 388 USD to 393 USD per 10 gms. The tariff value of Silver is increased from 524 USD to 537 USD per kilogram.

Tariff values of all the oils, Brass Scrap have been changed.

The Tariff values as on 15.04.2015 and with effect from 30.04.2015 are as under:

Table 1

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tonne)
from 15.04.2015

Tariff value USD (Per Metric Tonne)
from 30.04.2015

(1)

(2)

(3)

(5)

(6)

1

1511 10 00

Crude Palm Oil

658

650

2

1511 90 10

RBD Palm Oil

682

659

3

1511 90 90

Others - Palm Oil

670

655

4

1511 10 00

Crude Palmolein

684

662

5

1511 90 20

RBDPalmolein

687

665

6

1511 90 90

Others -Palmolein

686

664

7

1507 10 00

Crude Soyabean Oil

726

752

8

7404 00 22

Brass Scrap (all grades)

3469

3460

9

1207 91 00

Poppy seeds

2602

2602

Table 2

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD
from 15.04.2015

Tariff value USD
from 30.04.2015

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.

388 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.

524 per kilogram

537 per kilogram

Table 3

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tons)
from 15.04.2015

Tariff value USD (Per Metric Tons)
from 30.04.2015

1

080280

Areca nuts

2264

2264

Notification No. , Dated: April 30 2015

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