Tariff Value of all Oils Increased
GOVERNMENT has increased the Tariff value of all oils; brass scrap and Areca Nuts see a reduction while poppy seeds remain unchanged. There is a decrease in the tariff value of silver while gold sees a small hike.
Table 1 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tonne) as on 30.11.2015 | Tariff value USD (Per Metric Tonne) from 15.12.2015 |
|---|---|---|---|---|
(1) | (2) | (3) | (5) | (6) |
1 | 1511 10 00 | Crude Palm Oil | 536 | 553 |
2 | 1511 90 10 | RBD Palm Oil | 578 | 587 |
3 | 1511 90 90 | Others - Palm Oil | 557 | 570 |
4 | 1511 10 00 | Crude Palmolein | 588 | 599 |
5 | 1511 90 20 | RBDPalmolein | 591 | 602 |
6 | 1511 90 90 | Others - Palmolein | 590 | 601 |
7 | 1507 10 00 | Crude Soyabean Oil | 734 | 770 |
8 | 7404 00 22 | Brass Scrap (all grades) | 2993 | 2874 |
9 | 1207 91 00 | Poppy seeds | 2722 | 2722 |
Table 2 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD from 30.11.2015 | Tariff value USD from 15.12.2015 |
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. | 344 per 10 grams | 347 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. | 461 per kilogram | 448 per kilogram |
Table 3 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tons) from 30.11.2015 | Tariff value USD (Per Metric Tons) from 15.12.2015 |
1 | 080280 | Areca nuts | 2662 | 2558 |
Notification No. , Dated: December 15, 2015
Until Tomorrow with more DDT
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