TIOL-DDT 2776 · Monday, 1 February 2016 · story 7 of 7

Slight Changes in Tariff Value

GOVERNMENT has decreased the Tariff value of brass scrap and poppy seeds, increased that of gold and reduced 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 15.01.2016

Tariff value USD (Per Metric Tonne) from 29.01.2016

(1)

(2)

(3)

(5)

(6)

1

1511 10 00

Crude Palm Oil

553

566

2

1511 90 10

RBD Palm Oil

585

586

3

1511 90 90

Others - Palm Oil

569

576

4

1511 10 00

Crude Palmolein

596

594

5

1511 90 20

RBDPalmolein

599

597

6

1511 90 90

Others - Palmolein

598

596

7

1507 10 00

Crude Soyabean Oil

729

720

8

7404 00 22

Brass Scrap (all grades)

2893

2821

9

1207 91 00

Poppy seeds

2722

2593

Table 2

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD from 15.01.2016

Tariff value USD from 29.01.2016

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.

354 per 10 grams

362 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.

457 per kilogram

443 per kilogram

Table 3

S. No.

Chapter/ heading/ sub-heading/tariff item

Description of goods

Tariff value USD (Per Metric Tons) from 15.01.2016

Tariff value USD (Per Metric Tons) from 29.01.2016

1

080280

Areca nuts

2558

2558

Notification No. , Dated: January 29, 2016

Until Tomorrow with more DDT

Have a nice day.

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