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<h1>India Revises Tariff Values for Oils, Metals, Seeds, and Precious Metals under Customs Act, 1962, Effective May 15, 2015.</h1> The Government of India, through the Ministry of Finance and Central Board of Excise and Customs, issued Notification No. 45/2015 to amend Notification No. 36/2001-Customs (N.T.). The amendment revises tariff values for various goods, including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. The new tariff values are specified in three tables, indicating the US dollar value per metric tonne or per unit for each item. This amendment is executed under the Customs Act, 1962, effective from May 15, 2015.