The Central Board of Indirect Taxes and Customs (CBIC) vide its Notification No 53/2021 – Customs (N.T.) dated 16th June 2021 notify the amendment in tariff value of the specified goods.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
NOTIFICATION
New Delhi, the 16th June, 2021
No. 53 /2121-CUSTOMS (N.T.)
S.O. 2349(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 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, 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 | 1136 |
| 2 | 1511 90 10 | RBD Palm Oil | 1148 |
| 3 | 1511 90 90 | Others – Palm Oil | 1142 |
| 4 | 1511 10 00 | Crude Palmolein | 1150 |
| 5 | 1511 90 20 | RBD Palmolein | 1153 |
| 6 | 1511 90 90 | Others – Palmolein | 1152 |
| 7 | 1507 10 00 | Crude Soya bean Oil | 1415 |
2. This notification shall come into force with effect from the 17th day of June, 2021
[F. No. 467/01/2021-Cus-V]RATHAKRISHNAN ANANTH, Dy. Secy.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. 52/2021-Customs (N.T.), dated the 15th June, 2021, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide number S.O. 2338 (E), dated 15th June, 2021.
