Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver - 100/2020 - Customs

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<h1>India Revises Tariff Values for Edible Oils, Metals, and More in Notification No. 100/2020-CUSTOMS (N.T.</h1> The Government of India's Ministry of Finance, through the Central Board of Indirect Taxes and Customs, issued Notification No. 100/2020-CUSTOMS (N.T.) on October 15, 2020, amending the previous notification No. 36/2001-Customs (N.T.). The notification sets new tariff values for various goods, including edible oils, brass scrap, poppy seeds, areca nuts, gold, and silver. For example, crude palm oil is valued at $755 per metric tonne, while gold is set at $615 per 10 grams. These adjustments are made under the authority of the Customs Act, 1962.

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