Notification No. 50/2012-Custom (NT) – Change in Tariff Value of Brass Scrap (All Grades), Poppy Seeds, Gold & Silver

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Notification No. 50/2012-CUSTOMS (N. T.)

New Delhi, 15^th of June, 2012

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 Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 36/2001-Customs (N.T.), dated the 3^rd August, 2001, published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 748 (E), dated the 3^rd August, 2001, namely:-

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

“TABLE-1

S. No.	Chapter/ heading/ sub- heading/tariff item	Description of goods	Tariff value US $ (Per Metric Tonne)
(1)	(2)	(3)	(4)
1	1511 1000	Crude Palm Oil	447 (i.e. no change)
2	1511 9010	RBD Palm Oil	476 (i.e. no change)
3	1511 90 90	Others – Palm Oil	462 (i.e. no change)
4	1511 1000	Crude Palmolein	481 (i.e. no change)
5	1511 9020	RBD Palmolein	484 (i.e. no change)
6	1511 90 90	Others – Palmolein	483 (i.e. no change)
7	15071000	Crude Soyabean Oil	580 (i.e. no change)
8	74040022	Brass Scrap (all grades)	4113
9	120791 00	Poppy seeds	5611

TABLE-2

S. 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 321 and 323 of the Notification No. 12/2012- Customs dated 17.03.2012 is availed	524 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	938 per kilogram