Page 118 - ELT_2nd_15th April 2020_Vol 372_Part
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N40                          EXCISE LAW TIMES                   [ Vol. 372

                                     Exchange rates for New Zealand Dollar for import and
                                         export of goods revised — Amendment to Notification
                                         No. 27/2020-Cus. (N.T.)
                                     [Amend at page 4.236 of 63rd Edition of Customs Law Manual, Vol. 1, 2020-21]
                                            In exercise of the powers conferred  by section 14 of the Customs Act,
                                     1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes
                                     the following amendment in the Notification of the Central Board of Indirect
                                     Taxes and Customs No. 27/2020-CUSTOMS (N.T.), dated 19th March, 2020 with
                                     effect from 25th March, 2020, namely :-
                                            In the SCHEDULE-I of the said Notification, for serial No. 9 and the en-
                                     tries relating thereto, the following shall be substituted, namely :-
                                                                   SCHEDULE-I

                                       Sl.       Foreign Currency       Rate of exchange of one unit of foreign
                                       No.                               currency equivalent to Indian rupees
                                       (1)              (2)                             (3)
                                                                               (a)                 (b)
                                                                          (For Imported       (For Exported
                                                                             Goods)             Goods)
                                       9.       New Zealand Dollar            45.30               43.10
                                                     [Notification No. 30/2020-Cus. (N.T.), dated 24-3-2020]

                                     Tariff values of gold revised — Amendment to Notifica-
                                         tion No. 36/2001-Cus. (N.T.)
                                     [Amend at page 1015 of 71st Edition of Customs Tariff, Vol. 1, 2020-21]
                                            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 fol-
                                     lowing amendments in the notification of the Government of India in the Minis-
                                     try 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, Sec-
                                     tion-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 follow-
                                     ing Tables shall be substituted, namely :-
                                                                    “TABLE-1

                                      Sl. No.  Chapter/heading/   Description of goods   Tariff value (US $ Per
                                               sub-heading/                                 Metric Tonne)
                                                tariff item

                                       (1)          (2)                  (3)                     (4)
                                        1       1511 10 00         Crude Palm Oil         670 (i.e. no change)
                                        2       1511 90 10          RBD Palm Oil          695 (i.e. no change)
                                        3       1511 90 90         Others - Palm Oil      683 (i.e. no change)

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