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<h1>India Revises Tariff Values for Crude Palm Oil, Soybean Oil, Gold, Silver, and More Under Customs Act 1962.</h1> The Government of India, through the Central Board of Excise & Customs, has issued Notification No. 126/2016-CUSTOMS (N.T.) dated 14th October 2016, revising tariff values for various commodities under the Customs Act, 1962. The revised tariff values are specified for crude palm oil, RBD palm oil, other palm oils, crude palmolein, RBD palmolein, other palmolein, crude soybean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. These adjustments are made under the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962, and replace previous tables in the notification.