CBIC amended notification regarding the tariff value of certain oils

Dec 15, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Complianceclass="MsoNormal" style="text-align: justify;">The Central Board of Indirect Taxes and Customs (CBIC) on December 13, 2024, issued the amendment to notification no. 36/2001-Customs (N.T.) dated August 03, 2001 regarding the amendment to the notification regarding Certain Oils Tariff Value.

The following has been amended namely: -

·       The Tariff value of goods under Table-1 regarding Crude Palm Oil, RBD Palm Oil, etc. has been amended

·       The Tariff value of goods under Table-2 regarding Gold, silver, etc. has been amended

·       The Tariff value of goods under Table-3 regarding Areca Nuts has been amended

This shall come into force on December 14, 2024.

[Notification No. 85/2024-Customs (N.T.)]


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