[ Section 14(2)]:
CBEC may fix Tariff Values for any class of imported goods or export goods,
having regard to the trend of value of such or like goods
by notification in the Official Gazette
if it is satisfied that it is necessary to do so.
Where any such tariff values are fixed, the duty shall be chargeable with reference to such tariff value. Sub-section (2) overrides the provisions of sub-section (1).
Tariff values have been fixed in case of import of crude palm oil, crude palmolein, crude soyabean oil, brass scrap, poppy seeds etc.