TIOL-DDT 2767 · Monday, 18 January 2016 · story 6 of 7

Slight Changes in Tariff Value

GOVERNMENT has decreased the Tariff value of brass scrap, increased that of gold and silver's. Oils also see minor 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 31.12.2015

Tariff value USD (Per Metric Tonne) from 15.01.2016

(1)

(2)

(3)

(5)

(6)

1

1511 10 00

Crude Palm Oil

557

553

2

1511 90 10

RBD Palm Oil

581

585

3

1511 90 90

Others - Palm Oil

569

569

4

1511 10 00

Crude Palmolein

595

596

5

1511 90 20

RBDPalmolein

598

599

6

1511 90 90

Others - Palmolein

597

598

7

1507 10 00

Crude Soyabean Oil

733

729

8

7404 00 22

Brass Scrap (all grades)

2904

2893

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 31.12.2015

Tariff value USD from 15.01.2016

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.

345 per 10 grams

354 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.

452 per kilogram

457 per kilogram

Table 3

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tons) from 31.12.2015

Tariff value USD (Per Metric Tons) from 15.01.2016

1

080280

Areca nuts

2558

2558

Notification No. , Dated: January 15, 2016

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