<h1>CBEC Updates Tariff Values for Commodities Including Crude Palm Oil and Gold Under Customs Act, 1962.</h1> The Central Board of Excise and Customs (CBEC) has amended the tariff values for various commodities under the Customs Act, 1962. The updated tariff values for crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soyabean oil, brass scrap, poppy seeds, areca nuts, silver, and gold have been notified. For example, crude palm oil is set at $877 per metric tonne, while gold is valued at $407 per 10 grams. These changes are intended to align with current market conditions and facilitate trade.