Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?
 Full List Of Trump's Reciprocal Tariffs Announced Wednesday
 Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025
 5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025
 March 15 is deadline for last advance tax installment: Know if you must pay

Notification No. 24/2020-Central Board of Indirect Taxes and Customs
March, 16th 2020
[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. 24/2020-CUSTOMS (N.T.)

                                                                                     New Delhi, 13th March, 2020
                                                                                      23 Phalguna, 1941 (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 so to do, 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

                      Chapter/ heading/                                                      Tariff value
   Sl. No.            sub-heading/tariff                 Description of goods              (US $Per Metric
                            item                                                               Tonne)
        (1)                   (2)                                 (3)                             (4)
        1                  1511 10 00                      Crude Palm Oil                         670
        2                  1511 90 10                      RBD Palm Oil                           695
        3                  1511 90 90                    Others ­ Palm Oil                        683
        4                  1511 10 00                     Crude Palmolein                         698
        5                  1511 90 20                     RBD Palmolein                           701
        6                  1511 90 90                    Others ­ Palmolein                       700
        7                  1507 10 00                   Crude Soya bean Oil                       733
        8                  7404 00 22                  Brass Scrap (all grades)                  3283
        9                  1207 91 00                       Poppy seeds                          3623








                                                   TABLE-2

 Sl.          Chapter/ heading/                    Description of goods
                                                                                            Tariff value
 No.          sub-heading/tariff
                                                                                              (US $)
                    item
  (1)                (2)                                    (3)                                  (4)
  1.                                    Gold, in any form, in respect of which the
                                        benefit of entries at serial number 356 of the
                  71 or 98                                                               505 per 10 grams
                                        Notification No. 50/2017-Customs dated
                                        30.06.2017 is availed
  2.                                    Silver, in any form, in respect of which the
                                        benefit of entries at serial number 357 of the
                  71 or 98                                                                533 per kilogram
                                        Notification No. 50/2017-Customs dated
                                        30.06.2017 is availed
                                               -:2:-

  3.                              (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-
                  71              manufactured forms of silver falling under        533 per kilogram
                                  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.
  4.                              (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
                  71              of such goods through post, courier or            505 per 10 grams
                                  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.

                                             TABLE-3

 Sl.      Chapter/ heading/              Description of goods
                                                                                  Tariff value
 No.      sub-heading/tariff
                                                                             (US $ Per Metric Tonne)
                item
  (1)             (2)                             (3)                                   (4)
   1            080280                        Areca nuts                             3782"
                                                                               [F. No. 467/01/2020 -Cus-V]




                                                                                              (Pramod Kumar)
                                                                                                     Director

Note: - The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3,
Sub-section (ii), vide Notification No. 36/2001­Customs (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. 18/2020-Customs (N.T.),
dated the 28 February, 2020, e-published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-
section (ii), vide number S.O. 900(E), dated 28th February, 2020.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting