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<h1>India Sets New Gold and Silver Tariff Values: Gold at $526/10g, Silver at $953/kg per Notification No.4/2012-Customs.</h1> The Central Board of Excise and Customs (CBEC) under India's Ministry of Finance has announced new tariff values for gold and silver. According to Notification No.4/2012-Customs (N.T.) dated January 17, 2012, the tariff value for gold is set at $526 per 10 grams, while silver is valued at $953 per kilogram. These changes apply to gold and silver benefiting from Notification No.3/2012-Customs dated January 16, 2012.