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of <h1>India Revises Tariff Values for Key Commodities Including Gold, Silver, and Oils Under Customs Act, 1962.</h1> The Government of India's Ministry of Finance, through the Central Board of Excise and Customs, has amended the tariff values for various commodities under the Customs Act, 1962. The updated values are specified for crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, areca nuts, gold, and silver. These changes are detailed in Notification No. 21/2017-CUSTOMS (N.T.), dated 15th March 2017, replacing previous tables in the notification from August 2001. The new tariff values are given in US dollars per metric tonne or per specified unit for each commodity.
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