CUSTOMS (N.T.) Notification No. 61 of 2019 dated 14th August, 2019

 

Notification no 61/2019 Customs(Non Tariff) date on 14th August, 2019 

 

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg. 

The extract of CUSTOMS (N.T.) Notification No. 61/2019- CUSTOMS is given below: 

 Notification No. 61/2019-CUSTOMS(Non Tariff Notification)

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION-3, SUB-SECTION (ii)] 

Government of India

Ministry of Finance 

(Department of Revenue)

(Central Board of Indirect Taxes and Customs)

 

Notification No. 61/2019-CUSTOMS (N.T.)

 

New Delhi, 14th August, 2019

23 Shravana, 1941 (SAKA)

 

S.O. … (E).– 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 so to do, 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

 

                                                Chapter/ heading/                                                          Tariff value

Sl. No.                    sub-heading/tariff                          Description of goods     (US $Per Metric Tonne)

                                                item                                                       

                                                                                                                               

                                                                                                                               

1                                              1511 10 00                           Crude Palm Oil                    527

                                                                                                                               

2                                              1511 90 10                           RBD Palm Oil                       557

                                                                                                                               

3                                              1511 90 90                           Others – Palm Oil               542

                                                                                                                               

4                                              1511 10 00                           Crude Palmolein                  567

                                                                                                                               

5                                              1511 90 20                           RBD Palmolein                    570

                                                                                                                               

6                                              1511 90 90                           Others – Palmolein             569

                                                                                                                               

7                                              1507 10 00                           Crude Soya bean Oil           737

                                                                                                                               

8                                              7404 00 22                           Brass Scrap (all grades)     3471

                                                                                                                               

9                                              1207 91 00                           Poppy seeds                         3395

 

 

 

                                                                        TABLE-2

Sl.                           Chapter/ heading/                                   Description of goods                           Tariff value (US $)

No.                         sub-heading/tariff item                            

                                                                                                                               

1.                                                                          Gold, in any form, in respect of which the           

                                71 or 98                                benefit of entries at serial number 356 of the      482 per 10 grams

                                                                           Notification   No.   50/2017-Customs  dated                                                                                                                

                                                                                30.06.2017 is availed                      

2.                                                                 Silver, in any form, in respect of which the  

                                                                   71 or 98 benefit of entries at serial number 357 of the               563 per kilogram

                                                                  Notification   No.   50/2017-Customs    dated                   

                                                                  30.06.2017 is availed                                                                                                    

                                                               

3.                                               (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-              

                71                             manufactured  forms  ofsilver  falling under              563 per kilogram

                                                  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.                                                

                                                                                               

4.                                           (i) Goldbars, other than tolalbars,            

                                                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       

                  71                         of  such  goods  through  post,   courier  or                482 per 10 grams

                                                baggage.                                                             

                                Explanation. - For the purposes of this entry,     

                                “gold  findings”  means  a  small  component      

                                such as hook, clasp, clamp, pin, catch, screw      

                                back used to hold the whole or a part of a           

                                piece of Jewellery in place.     

 

  

                                                   TABLE-3

Sl.           Chapter/ heading/          Description of goods                                      Tariff value

No.         sub-heading/tariff                                                                           (US $ Per Metric Tonne)

                item                                                                                           

                                                                                                   

1                080280                          Areca nuts                                               3915

    

  

[F. No. 467/01/2019 -Cus-V]

 

(Gunjan Kumar Verma)

 

Under Secretary to the Govt. of India

 

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 number S. O. 748 (E), dated the 3rd August, 2001 and was last amended vide Notification No. 57/2019-Customs (N.T.), dated the 8th August, 2019, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2872(E), dated 8th August, 2019.

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

How to import goods?

Pre-Import Procedure

Export Procedures and Documentation

Why Prohibition to import goods

How to get Export Order?

Export benefit schemes in India

How to overcome the credit risk in an export business?

How important Packing in export trade ?

How to Choose a product for export business

How to send export samples to foreign buyer? Tips to send samples to foreign buyer

Disadvantages of Letter of credit (LC) for Exporter

Commercial risks and solutions under Export Business 

 Political risks in International Trade 

Risks arising out of foreign laws in Import Export Business  

Cargo risks under Imports and Exports    

Types of Policies to cover credit risks in Import Export Trade  

Causes influencing price of export goods in Export Trade  

Credit risks and solutions under International Business 

Foreign exchange fluctuations risks and solutions in import export Business  

How to overcome the credit risk in an export business?  

Does exchange rate of currency effect export business? 

Risks and solutions in Export Business

How to calculate IGST under imports?

Changes in IEC after GST

Linking IEC with GSTIN in customs

section 14 of IGST Act,2017, Special provision for payment of tax by a supplier                                            

Section 59 of CGST Act, 2017 Self-assessment    

Consumer Welfare Fund, Section 57 of CGST Act, 2017

Meaning of foreign diplomatic mission 

Fast-moving consumer goods (FMCG) under GST

What is facilitation centre under GST


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers