Customs Notification No- 04/2012 (NT) dated 17.01.2012
Amendments in the notification regarding CBEC tariff value
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 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,-
(i) the “TABLE” shall be renumbered as “TABLE-1” and after “TABLE-1” as so
renumbered, the following TABLE shall be inserted, namely:-
“TABLE-2
| S. No. |
Chapter/heading/sub-heading/tariff item |
Description of goods |
Tariff value (US $) |
| (1) |
(2) |
(3) |
(4) |
| 1. |
71 |
Gold, in any form in respect of which the benefit of Notification
No. 3/2012-Customs dated 16.01.2012 is availed |
526 per 10 grams |
| 2. |
71 |
Silver, in any form in respect of which the benefit of Notification
No. 3/2012-Customs dated 16.01.2012 is availed |
953 per kilogram” |
(ii) in the “TABLE-1” as so renumbered, S. No. 10 and 11 and the entries
relating thereto shall be omitted.
[F. No. 467/2/2012-Cus.V]
(ABHINAV GUPTA)
Under Secretary to the Government 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.
3/2012-Customs (N.T.) dated, the 16th January, 2012, published in the Gazette of
India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S. O. 72
(E) dated, the 16th January, 2012.
ieport.com - India's Premier portal on DGFT, Customs and Central Excise
matters