Download Document

[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. 87/2021-CUSTOMS (N.T.)
New Delhi, 29
th
October, 2021
7 KARTIKA 1943, (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 to do so, 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
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, TABLE-2, and TABLE-3 the following Tables shall
be substituted, namely: -
“TABLE-1
Sl. No.
Chapter/ heading/
sub-heading/tariff
item
Description of goods
Tariff value
(US $Per Metric
Tonne)
(1) (2) (3) (4)
1 1511 10 00 Crude Palm Oil 1239
2 1511 90 10 RBD Palm Oil 1252
3 1511 90 90 Others – Palm Oil 1246
4 1511 10 00 Crude Palmolein 1259
5 1511 90 20 RBD Palmolein 1262
6 1511 90 90 Others – Palmolein 1261
7 1507 10 00 Crude Soya bean Oil 1406
8 7404 00 22 Brass Scrap (all grades) 5925

TABLE-2
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 356 of
the Notification No. 50/2017-Customs
dated 30.06.2017 is availed
581 per 10 grams

2.
71 or 98
Silver, in any form, in respect of which the
benefit of entries at serial number 357 of
the Notification No. 50/2017-Customs
dated 30.06.2017 is availed
777 per kilogram

-2-




3.
71
(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-
manufactured forms of silver falling under
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.
777 per kilogram



4. 71
(i) Gold bars, other than tola bars,
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 of such goods through post,
courier or 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.
581 per 10 grams
TABLE-3
Sl.
No.
Chapter/ heading/
sub-heading/tariff
item
Description of goods
Tariff value
(US $ Per Metric Tonne)
(1) (2) (3) (4)
1 080280 Areca nuts 5252(i.e., no change)”

2. This notification shall come into force with effect from the 30
th
day of October, 2021.
[F. No. 467/01/2021-Cus-V]


(KEVIN BOBAN)
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 3
rd
August, 2001, vide
number S. O. 748 (E), dated the 3
rd
August, 2001 and was last amended vide Notification No. 81/2021-
Customs (N.T.), dated the 14
th
October, 2021, e-published in the Gazette of India, Extraordinary, Part-
II, Section-3, Sub-section (ii), vide number S.O. 4297 (E), dated 14
th
October, 2021.