IndiaMinistry of Finance

Notification No.25/2021-CUSTOMS (N.T.)

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: –

“TABLE-1

Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value

(US $Per Metric Tonne)

(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1082
2 1511 90 10 RBD Palm Oil 1108
3 1511 90 90 Others – Palm Oil 1095
4 1511 10 00 Crude Palmolein 1114
5 1511 90 20 RBD Palmolein 1117
6 1511 90 90 Others – Palmolein 1116
7 1507 10 00 Crude Soya bean Oil 1123
8 7404 00 22 Brass Scrap (all grades) 4925

 

TABLE-2

Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value

(US $)

(1) (2) (3) (4)
1. 71 or 98 Gold, 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 availed 573 per 10 grams
2. 71 or 98 Silver, 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 availed 900 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.

900 per kilogram
4. 71 (i) Gold   bars, other   than   tola   bars,bearingmanufacturer’s or refiner’s engraved serial number and weight expressed in metric units;

(ii)Gold coins having gold content not below99.5% 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 suchas hook, clasp, clamp, pin, catch, screwbackused to hold the whole or a part of a piece of Jewellery in place.

573 per 10 grams

TABLE-3

Sl. No. Chapter/ heading/ sub-heading/tariff item Description of goods Tariff value

(US $ Per Metric Tonne)

(1) (2) (3) (4)
1 080280 Areca nuts 4284”

 

Note: – The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide Notification No. 36/2001–Customs (N.T.), dated the 3rd August, 2001, vide numberS. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 16/2021-Customs (N.T.), dated the 15thFebruary, 2021, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide numberS.O.675(E), dated 15thFebruary, 2021.

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