Change in Tariff value of gold and silver
Posted on: 16/Mar/2016 5:55:40 PM
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 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:-
|
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 321 and 323 of the
Notification No. 12/2012-Customs dated 17.03.2012 is availed |
404 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 |
509 per kilogram |
