Valuation Ruling 1540/2021 – Custom Values of Glycerin

Last Updated: August 4, 2021
Category: Valuation Ruling

Valuation Ruling 1540/2021

In Valuation Ruling 1540/2021, Custom Values of Glycerin under Section 25-A of the Customs Act, 1969.

Custom Values of Glycerin

Custom Values of Glycerin – hereinafter specified shall be assessed to duty/ taxes on the following minimum Customs values.

Description of goods:

HS Code:

All Origins:

Customs Value:
ICIS FOB values + Actual freight US$/KG (CNF)

Note: The prices of Glycerin are
published in ICIS and there is no need to fix the value.


What is ICIS Pricing

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ICIS data sets provide independent, objective and trusted intelligence for the global petrochemical, energy and fertilizer markets. ICIS’ price reports cover more than 180 commodities, and focus on pricing trends in all major trading regions. Put simply, ICIS provides the information you need to make better-informed business decisions.


Download Valuation Ruling 1540/2021

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