Change in Tariff Value of Crude Palm Oil, Rbd Palm Oil, Others
Change in Tariff Value of Crude Palm Oil, Rbd Palm Oil, Others – Palm Oil, Crude Palmolein, RBD Palmolein, Others – Palmolein, Crude Soyabean Oil, Brass Scrap (All Grades), Poppy Seeds, Areca Nuts, Gold And Silver Notified
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 Excise & Customs (CBEC), being satisfied that it is necessary and expedient so to do, hereby makes the following amendment 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:-
|
Sl. No.
|
Chapter/
heading/ sub-heading/tariff item
|
Description
of goods
|
Tariff value
US $
(Per Metric
Tonne)
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
1
|
1511 10 00
|
Crude Palm Oil
|
669
|
|
2
|
1511 90 10
|
RBD Palm Oil
|
710
|
|
3
|
1511 90 90
|
Others – Palm
Oil
|
690
|
|
4
|
1511 10 00
|
Crude
Palmolein
|
719
|
|
5
|
1511 90 20
|
RBD Palmolein
|
722
|
|
6
|
1511 90 90
|
Others –
Palmolein
|
721
|
|
7
|
1507 10 00
|
Crude Soya
bean Oil
|
792
|
|
8
|
7404 00 22
|
Brass Scrap
(all grades)
|
3484
|
|
9
|
1207 91 00
|
Poppy seeds
|
3747
|
TABLE-2
|
Sl. No.
|
Chapter/
heading/ sub-heading/tariff item
|
Description
of goods
|
Tariff value
(US $)
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
1
|
71 or 98
|
Gold, in any
form, in respect of which the benefit of entries at serial number 321 and 323
of the Notification No. 12/2012-Customs dated 17.03.2012 is availed
|
397 per 10
grams
|
|
2
|
71 or 98
|
Silver, in
any form, in respect of which the benefit of entries at serial number 322 and
324 of the Notification No. 12/2012-Customs dated 17.03.2012 is availed
|
551 per
kilogram
|
TABLE-3
|
Sl. No.
|
Chapter/
heading/ sub-heading/tariff item
|
Description
of goods
|
Tariff value
(US $ Per
Metric Tons )
|
|
(1)
|
(2)
|
(3)
|
(4)
|
|
1
|
080280
|
Areca nuts
|
2280”
|
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Gross Direct Tax Collection During April-January of the Financial Year 2014-15 is up by 11.38 Percent at Rs. 5,78,715 Crore as Against Rs. 5,19,588 Crore During the Same Period Last Year
Gross direct tax collection during April-January of the Financial Year 2014-15 is up by 11.38 percent at Rs. 5,78,715 crore as against Rs. 5,19,588 crore collected during the same period last year. Gross collection of Corporate tax has shown an increase of 11.04 percent and stood at Rs. 3, 64,665 crore as against Rs. 3, 28,413 crore collected during the same period last year. Gross collection of Personal income tax is up by 11.32 percent and stood at Rs.2, 07,613 crore as against Rs.1, 86,502 crore collected during the same period last year. Securities Transaction Tax (STT) stands at Rs. 5556 crore at a growth of 44.12%. Net direct tax collections are up by 6.21 percent and stand at Rs. 4,74,488 crore, as compared to Rs. 4,46,756 crore in the same period in the last fiscal.
Advance tax collection has shown a growth of 13.26% during April-January of the FY 2014-15 as against the growth of 8.71% shown at the same time previous year. Growth in TDS is 7.79% as against 16.65% in the same period last year.
The Self-Assessment Tax shows a growth of 22.22% as against 10.94% in the same period last year. The growth in Regular Tax is 17.25% as against 24.14% in the same period last year.
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India Signs Grant Agreement with world bank for Special Climate Change fund Assistance of Us $ 8 Million for Sustainable Livelihoods and Adaptation to Climate Change Project
A Grant Agreement for World Bank assistance of US$ 8 million for Sustainable Livelihoods and Adaptation to Climate Change (SLACC) Project has been signed between the Government of India and the World Bank here today. This Agreement was signed by Shri Tarun Bajaj, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Mr. Onno Ruhl, Country Director, World Bank, India, on behalf of the World Bank.
The grant project is funded through the Special Climate Change Fund of US$ 8 million. SLACC project will help community institutions of the rural poor, particularly women farmers, to foster improved resilience in the production system in collaboration with government programs such as MKSP and MGNREGS. Climatic hazards that affect the availability of natural resources, adversely affect the livelihoods of the poor by impacting production, affecting incomes and preventing building up of assets.
The project aims to improve adaptive capacity of the rural poor engaged in farm-based livelihoods to cope with climate variability and change in Bihar and Madhya Pradesh and scale up the demonstrated best practices and lessons into the Government of India’s National Rural Livelihoods Mission.
National Rural Livelihoods Mission is the implementing agency.
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