The Central Board of Indirect Taxes and Customs (CBIC) on July 27, 2020 has issued a notification to amend the notification issued on August 3, 2001 vide no. 36/2001- Customs (N.T.) which specifies the fixation of tariff value of the following goods:
• Crude Oil
• RBD Palm Oil
• Others- Palm Oil
• Crude Palmolein
• RBD Palmolein
• Others- Palmolein
• Crude Soya Bean Oil
• Brass Scrap (all grades)
• Poppy Seeds
The Table 1, 2 and 3 provided in the Notification will be substituted for the existing tables in its parent Notification. These tables contain the details about Chapter headings, descriptions of goods and tariff value.
[Notification No. 60/2020- Customs (N.T.)]
