Page 70 - ELT_3rd_1st May 2020_Vol 372_Part

N54 EXCISE LAW TIMES [ Vol. 372

(1) (2) (3) (4)
Explanation. - For the purposes
of this entry, silver in any form
shall not include foreign cur-
rency coins, jewellery made of
silver or articles made of silver.
4. 71 (i) Gold bars, other than tola 560 per 10 grams
bars, bearing manufactur-
er’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 of such
goods through post, cou-
rier or 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/ (US $ Per Metric
tariff item Tonne)

(1) (2) (3) (4)
1 0802 80 Areca nuts 3752”
[Notification No. 38/2020-Cus. (N.T.), dated 15-4-2020]

Exchange rates for import and export of goods
[Substitute 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), and in supersession of the Notification No. 37/2020-Customs
(N.T.), dated 1st April, 2020 except as respects things done or omitted to be done
before such supersession, the Central Board of Indirect Taxes and Customs here-
by determines that the rate of exchange of conversion of each of the foreign cur-
rencies specified in column (2) of each of Schedule I and Schedule II annexed
hereto, into Indian currency or vice versa, shall, with effect from 17th April, 2020,
be the rate mentioned against it in the corresponding entry in column (3) thereof,
for the purpose of the said section, relating to imported and export goods.

EXCISE LAW TIMES  1st May 2020  70