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of <h1>India Revises Tariff Values for Edible Oils, Brass Scrap, and Precious Metals Under Customs Act 1962.</h1> The Government of India, through the Central Board of Indirect Taxes and Customs, has issued Notification No. 38/2019-CUSTOMS (N.T.) to amend the tariff values for various goods under the Customs Act, 1962. Effective from May 31, 2019, the revised tariff values are set for edible oils, brass scrap, poppy seeds, areca nuts, gold, and silver. Specific values include crude palm oil at $514 per metric tonne, brass scrap at $3560 per metric tonne, and gold at $412 per 10 grams. This notification supersedes previous amendments to Notification No. 36/2001-Customs (N.T.).
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