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of <h1>India Revises Tariff Values for Key Imports: Gold, Silver, Oils, and More Unchanged Under Customs Act 1962.</h1> The Government of India, through the Central Board of Excise and Customs, issued Notification No. 85/2016-CUSTOMS (N.T.) on June 14, 2016, amending the tariff values for certain goods under the Customs Act, 1962. The notification specifies the fixed 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 tariff values for these items remain unchanged from previous notifications, with specific values listed in US dollars per metric tonne or per specified weight.
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