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<h1>CBEC Updates Gold Tariff Value to $472 per 10g Under Customs Act 1962; Other Commodities Unchanged.</h1> The Central Board of Excise and Customs (CBEC) has amended the tariff values for gold under the Customs Act, 1962. The new tariff value for gold, applicable to specific entries under Notification No. 12/2012-Customs, is set at $472 per 10 grams. The tariff values for other commodities, including silver, palm oil, palmolein, soybean oil, brass scrap, and poppy seeds, remain unchanged as per the latest notification. This amendment is part of the regular updates by the Ministry of Finance to align with current market conditions and trade requirements.