Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seed, Areca nut, Gold & Silver - 117/2020 - Customs

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<h1>Tariff Values Revised for Palm Oils, Soybean Oil, Brass, Poppy Seeds, Gold, Silver, and Areca Nuts per Customs Act.</h1> The Central Board of Indirect Taxes & Customs issued Notification No. 117/2020-Customs (N.T.) on December 31, 2020, revising tariff values for various commodities under the Customs Act, 1962. The updated tariff values are specified for crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, poppy seeds, gold, silver, and areca nuts. The values are listed in US dollars per metric tonne or per specified weight for gold and silver. This notification amends the earlier Notification No. 36/2001-Customs (N.T.) and reflects changes necessary for customs valuation.

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