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of <h1>India Revises Tariff Values for Palm Oil, Soybean Oil, Brass Scrap, Gold, Silver, and More Under Customs Act 1962.</h1> The Government of India, through the Ministry of Finance's Department of Revenue, has issued Notification No. 123/2016-CUSTOMS (N.T.) on September 30, 2016, revising tariff values for certain commodities under the Customs Act, 1962. The notification amends previous tables to set new tariff values for products such as crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. These changes are intended to align with the existing customs regulations and provide updated valuation for these goods.
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