Tariff Customs Notification No. 14/2023

March 16, 2023 India Ties World Comments Off on Tariff Customs Notification No. 14/2023

Mar 16: In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3rd August 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3rd August 2001, namely:-

In the said notification, for TABLE-1, TABLE-2, and TABLE-3 the following Tables shall be substituted, namely: –

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $Per Metric Tonne)
(1)(2)(3)(4)
11511 10 00Crude Palm Oil989
21511 90 10RBD Palm Oil1004
31511 90 90Others – Palm Oil997
41511 10 00Crude Palmolein1014
51511 90 20RBD Palmolein1017
61511 90 90Others – Palmolein1016
71507 10 00Crude Soya bean Oil1188
87404 00 22Brass Scrap (all grades)5217

Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $)
 1.71 or 98Gold, in any form, in respect of which the benefit of entries at serial number 356 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed614 per 10 grams
 2.71 or 98Silver, in any form, in respect of which the benefit of entries at serial number 357 of the Notification No. 50/2017-Customs dated 30.06.2017 is availed703 per kilogram
     3.71(i) Silver, in any form, other than medallions and silver coins having silver content, not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92; (ii) Medallions and silver coins having silver content, not below 99.9% or semi-manufactured forms of silver falling under sub-heading 7106 92, other than imports of such goods through post, courier or baggage. Explanation. – For the purposes of this entry, silver in any form shall not include foreign currency coins, jewellery made of silver or articles made of silver.703 per kilogram
   4.71(i) Gold bars, other than tola bars, bearing manufacturer’s or refiner’s engraved serial number and weight expressed in metric units;(ii) Gold coins having gold content, not below 99.5% and gold findings, other than imports of such goods through post, courier or baggage.Explanation. – For the purposes of this entry, “gold findings” means a small component such as a hook, clasp, clamp, pin, catch, and screw back used to hold the whole or a part of a piece of Jewellery in place.614 per 10 grams
Sl. No.Chapter/ heading/ sub-heading/tariff itemDescription of goodsTariff value(US $ Per Metric Tonne)
(1)(2)(3)(4)
1080280Areca nuts14026 (i.e., no change)”
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