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Date: 03-08-2001
Notification No: CUSTOMS NOTIFICATION No 36/2001 (NT)
Issuing Authority: Indian Customs  
Type: Non Tariff
File No:
Subject: Fixation of tariff values for Palm Oil & Palmolein
Fixation of tariff values for Palm Oil & Palmolein

Fixation of Tariff Values for Palm Oil & Palmolein

Notification No. 36 dated 3rd August 2001 (NT) {As amended by Notification No. 40 dated 28th August 2001 (NT), Notification No. 52 dated 9th October 2001 (NT), Notification No. 62 dated 7th December 2001 (NT), Notification No. 24 dated 1st May 2002 (NT), Notification No. 29 dated 16th May 2002 (NT), Notification No. 38 dated 13th June 2002 (NT), Notification No. 52 dated 16th August 2002 (NT), Notification No. 60 dated 2nd September 2002 (NT), Notification No. 73 dated 26th November 2002 (NT), Notification No. 76 dated 3rd� December 2002 (NT), Notification No. 79 dated 10th December 2002 (NT)}

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Government, being satisfied that it is necessary and expedient so to do, hereby fixes the tariff values specified in column (4) of the Table below, in respect of the imported goods of the description specified in the corresponding entry in column (3) of the said Table and falling under Chapter or heading or sub-heading No. of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), as is specified in the corresponding entry in column (2) of the said Table, having regard to the trend of the value of such or like goods.

S. No.

Chapter or Heading No. Or sub-heading No.

Description of goods

Tariff value

(US $ per metric tonne)

(1)

(2)

(3)

(4)

1.

15.11

Crude Palm Oil

432

2.

15.11

RBD Palm Oil

460

3.

15.11

RBD Palmolein

470

4.

15.11

Crude Palmolein

454

5.

74.04

Brass Scrap (all grades)

1107

6.

15.07

Crude Soya bean Oil

600

Explanation: For the purposes of this notification, the rate of exchange applicable for the purposes of conversion of tariff value shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue) issued from time to time in exercise of the powers under sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962) and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.

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