Tariff Value of Gold and Silver Decreased
THE Government has decreased the Tariff value of Gold from 398 USD to 385 USD per 10 gms. The tariff value of Silver is decreased from 567 USD to 544 USD per kilogram.
Tariff values of Poppy Seeds and Areca Nuts remain unchanged. Tariff Values of oils are increased.
The Tariff values as on 15.05.2015 and with effect from 29.05.2015 are as under:
Table 1 | |||||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tonne) from 15.05.2015 | Tariff value USD (Per Metric Tonne) from 29.05.2015 | |||
|---|---|---|---|---|---|---|---|
(1) | (2) | (3) | (5) | (6) | |||
1 | 1511 10 00 | Crude Palm Oil | 650 | 657 | |||
2 | 1511 90 10 | RBD Palm Oil | 670 | 676 | |||
3 | 1511 90 90 | Others - Palm Oil | 660 | 667 | |||
4 | 1511 10 00 | Crude Palmolein | 676 | 682 | |||
5 | 1511 90 20 | RBDPalmolein | 679 | 685 | |||
6 | 1511 90 90 | Others -Palmolein | 678 | 684 | |||
7 | 1507 10 00 | Crude Soyabean Oil | 758 | 789 | |||
8 | 7404 00 22 | Brass Scrap (all grades) | 3548 | 3657 | |||
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 15.05.2015 | Tariff value USD from 29.05.2015 | |||
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. | 398 per 10 grams | 385 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. | 567 per kilogram | 544 per kilogram | |||
Table 3 | |||||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tons) from 15.05.2015 | Tariff value USD (Per Metric Tons) from 29.05.2015 | |||
1 | 080280 | Areca nuts | 2264 | 2264 | |||
Notification No. , Dated: May 29, 2015
Until Tomorrow with more DDT
Have a nice day.
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