TIOL-DDT 2756 · Friday, 1 January 2016 · story 6 of 6

Slight Changes in Tariff Value

GOVERNMENT has increased the Tariff value of brass scrap, decreased that of gold and increased silver's. Oils also see small changes in tariff values.

Table 1

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tonne) as on 15.12.2015

Tariff value USD (Per Metric Tonne) from 31.12.2015

(1)

(2)

(3)

(5)

(6)

1

1511 10 00

Crude Palm Oil

553

557

2

1511 90 10

RBD Palm Oil

587

581

3

1511 90 90

Others - Palm Oil

570

569

4

1511 10 00

Crude Palmolein

599

595

5

1511 90 20

RBDPalmolein

602

598

6

1511 90 90

Others - Palmolein

601

597

7

1507 10 00

Crude Soyabean Oil

770

733

8

7404 00 22

Brass Scrap (all grades)

2874

2904

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 15.12.2015

Tariff value USD from 31.12.2015

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.

347 per 10 grams

345 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.

448 per kilogram

452 per kilogram

Table 3

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tons) from 15.12.2015

Tariff value USD (Per Metric Tons) from 31.12.2015

1

080280

Areca nuts

2558

2558

Notification No. , Dated: December 31, 2015

Until Monday with more DDT

Have a nice weekend.

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