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of <h1>India Revises Tariff Values for Crude Oils, Metals, and More Under Customs Act 1962; New Rates Effective July 2016.</h1> The Government of India, through the Ministry of Finance's Central Board of Excise and Customs, issued Notification No. 104/2016-CUSTOMS (N.T.) on July 29, 2016, revising the tariff values for various goods under the Customs Act, 1962. The notification amends previous tariff values for items such as crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. The updated tariff values are specified in US dollars per metric tonne or per unit, as applicable, and replace previous tables in the notification dated August 3, 2001.
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