Global crude oil price of Indian Basket was US$ 58.36 per bbl on 15.04.2015
Global crude oil price of Indian Basket was US$ 58.36 per bbl on 15.04.2015
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 58.36 per barrel (bbl) on 15.04.2015. This was higher than the price of US$ 57.44 per bbl on previous publishing day of 14.04.2015.
In rupee terms, the price of Indian Basket increased to Rs 3641.66 per bbl on 15.04.2015 as compared to Rs 3583.68 per bbl on 14.04.2015. Rupee closed weaker at Rs 62.40 per US$ on 15.04.2015 as against Rs 62.39 per US$ on 13.04.2015. The table below gives details in this regard:
Particulars
|
Unit
|
Price on April
15, 2015 (Previous
trading day i.e. 14.04.2015)
|
Pricing
Fortnight for 16.04.2015
(March 28
to April 10, 2015)
|
Crude Oil
(Indian Basket)
|
($/bbl)
|
58.36
(57.44)
|
54.92
|
3641.66 (3583.68)
|
3425.91
|
||
Exchange Rate
|
62.40
(62.39)
|
62.38
|
Daily Crude oil price- 16.04.2015
*************
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, 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:-
TABLE-1
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
|
658
|
|
2
|
1511
90 10
|
RBD
Palm Oil
|
682
|
|
3
|
1511
90 90
|
Others
– Palm Oil
|
670
|
|
4
|
1511
10 00
|
Crude
Palmolein
|
684
|
|
5
|
1511
90 20
|
RBD
Palmolein
|
687
|
|
6
|
1511
90 90
|
Others
– Palmolein
|
686
|
|
7
|
1507
10 00
|
Crude
Soya bean Oil
|
726
|
|
8
|
7404
00 22
|
Brass
Scrap (all grades)
|
3469
|
|
9
|
1207
91 00
|
Poppy
seeds
|
2602
|
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
|
388 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
|
524
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
|
2264”
|
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