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<h1>Tariff value of gold specified per ten grams, altering import valuation and customs tariff application under amended notification.</h1> CBEC, under the powers of sub section (2) of section 14 of the Customs Act, 1962, substitutes TABLE 1, TABLE 2 and TABLE 3 of Notification No. 36/2001 Customs (N.T.) by notifying updated tariff value tables. The tables set tariff values for specified commodities; notably, the tariff value for gold (when certain notification benefits are availed) is specified as a US dollar amount per ten grams, while silver and most other listed commodities retain their prior tariff values.
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