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of <h1>CBEC Updates Tariff Values for RBD Palmolein, Brass Scrap, Poppy Seeds, Gold, and Silver 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 revised values include RBD Palmolein at $914 per metric tonne, brass scrap at $4082 per metric tonne, and poppy seeds at $4395 per metric tonne. Gold is valued at $521 per 10 grams and silver at $944 per kilogram, applicable when specific benefits are availed under a previous customs notification. These changes aim to align with current market conditions and ensure appropriate duty collection.
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