New Customs Values of Potato Chips Under Valuation Ruling 1870/2024
In Valuation Ruling 1870/2024, Customs Values of Potato Chips (Lay’s, Pringles, Ligo, Chizzpa, Jacker Potato, Mister Chips, Tiffany, Kettle, Poppin, Kracks, Hunter’s, ) are determined in the exercise of the powers conferred under Section 25A read with Sub-Section 15 of Section 25 of the Customs Act, 1969.
Import Values of Potato Chips Under Valuation Ruling 1870/2024
Customs Values of Potato Chips Under Valuation Ruling 1870/2024 — hereinafter specified shall be assessed to duty/taxes following minimum Customs Values:-
| S. No. | Description of Goods | PCT Code | Origin | Customs Values C&F (US$/KG) |
|---|---|---|---|---|
| 1 | Potato Chips brand Lay's (Various Flavours) | 2005.2000 | All Origins | 4.60 |
| 2 | Potato Chips brand Pringles (Various Flavours) | 2005.2000 | All Origins | 4.30 |
| 3 | Potato Chips brand Ligo (Various Flavours) | 2005.2000 | All Origins | 2.90 |
| 4 | Potato Chips brand Chizzpa (Various Flavours) | 2005.2000 | All Origins | 4.10 |
| 5 | Potato Chips brand Jacker Potato (Various Flavours) | 2005.2000 | All Origins | 5.20 |
| 6 | Potato Chips brand Mister Chips (Various Flavours) | 2005.2000 | All Origins | 3.10 |
| 7 | Potato Chips brand Tiffany (Various Flavours) | 2005.2000 | All Origins | 4.10 |
| 8 | Potato Chips brand Kettle (Various Flavours) | 2005.2000 | All Origins | 5.20 |
| 9 | Potato Chips brand Poppin (Various Flavours) | 2005.2000 | All Origins | 2.25 |
| 10 | Potato Chips brand Kracks (Various Flavours) | 2005.2000 | All Origins | 3.00 |
| 11 | Potato Chips brand Hunter's (Various Flavours) | 2005.2000 | All Origins | 3.50 |
| 12 | Potato Chips other Brands (Various Flavours) | 2005.2000 | All Origins | 4.00 |
Note: In cases, where declared values are higher than the Customs values determined in this Ruling, the assessing officers shalt apply those values in terms of sub-section (l) of Section 25 of the Custom Act, 1969. In case of consignments imported by air, the assessing officers shall take into account the difference between air freight and sea freight while applying the Customs values in this Ruling.
