TIOL-DDT 2716 · Monday, 2 November 2015 · story 8 of 8

Tariff Value of Gold, Silver Reduced

GOVERNMENT has decreased the Tariff value of gold and silver, and increased those of all other products including Brass Scrap but excluding areca nuts.

The Tariff values as on 15.10.2015 and with effect from 30.10.2015 are as under:

Table 1

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tonne) from 15.10.2015

Tariff value USD (Per Metric Tonne) from 30.10.2015

(1)

(2)

(3)

(5)

(6)

1

1511 10 00

Crude Palm Oil

573

575

2

1511 90 10

RBD Palm Oil

612

617

3

1511 90 90

Others - Palm Oil

593

596

4

1511 10 00

Crude Palmolein

625

631

5

1511 90 20

RBDPalmolein

628

634

6

1511 90 90

Others - Palmolein

627

633

7

1507 10 00

Crude Soyabean Oil

705

754

8

7404 00 22

Brass Scrap (all grades)

3072

3117

9

1207 91 00

Poppy seeds

2648

2648

Table 2

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD from 15.10.2015

Tariff value USD from 30.10.2015

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.

382 per 10 grams

373 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.

518 per kilogram

517 per kilogram

Table 3

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tons) from 15.10.2015

Tariff value USD (Per Metric Tons) from 30.10.2015

1

080280

Areca nuts

2662

2662

Notification No. , Dated: October 30, 2015

Until Tomorrow with more DDT

Have a nice day.

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