Decrease in Tariff Values of all items other than Brass Scrap, poppy seeds, gold and areca nuts
GOVERNMENT has decreased the tariff values of all the oils. For Brass scrap, the tariff value is increased, so is for gold, but silver sees a decline. There is no change for poppy seeds and areca nuts.
Table 1 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tonne) as on 29.04.2016 | Tariff value USD (Per Metric Tonne) from 13.05.2016 |
|---|---|---|---|---|
(1) | (2) | (3) | (5) | (6) |
1 | 1511 10 00 | Crude Palm Oil | 755 | 737 |
2 | 1511 90 10 | RBD Palm Oil | 788 | 741 |
3 | 1511 90 90 | Others - Palm Oil | 772 | 739 |
4 | 1511 10 00 | Crude Palmolein | 792 | 751 |
5 | 1511 90 20 | RBDPalmolein | 795 | 754 |
6 | 1511 90 90 | Others - Palmolein | 794 | 753 |
7 | 1507 10 00 | Crude Soyabean Oil | 805 | 776 |
8 | 7404 00 22 | Brass Scrap (all grades) | 2969 | 2995 |
9 | 1207 91 00 | Poppy seeds | 2533 | 2533 |
Table 2 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD from 29.04.2016 | Tariff value USD from 13.05.2016 |
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. | 408 per 10 grams | 416 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. | 566 per kilogram | 562 per kilogram |
Table 3 | ||||
S. No. | Chapter/ heading/ sub-heading/tariff item | Description of goods | Tariff value USD (Per Metric Tons) from 29.04.2016 | Tariff value USD (Per Metric Tons) from 13.05.2016 |
1 | 080280 | Areca nuts | 2617 | 2617 |
Notification No. ., Dated: May 13, 2016
Until Tomorrow with more DDT
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