Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - 77/2022 - Customs

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<h1>India Revises Tariff Values: New Rates for Palm Oil, Soybean Oil, Brass Scrap, Gold & Silver Effective September 16.</h1> The Government of India, through the Central Board of Indirect Taxes and Customs, issued Notification No. 77/2022-CUSTOMS (N.T.) on September 15, 2022, revising tariff values for various commodities. The updated values, effective September 16, 2022, include crude palm oil at $996 per metric tonne, RBD palm oil at $1019, and crude soybean oil at $1362. Brass scrap is set at $4737 per metric tonne. Gold is valued at $549 per 10 grams, and silver at $635 per kilogram. Areca nuts remain unchanged at $6853 per metric tonne. These amendments replace previous tables in Notification No. 36/2001-Customs (N.T.).

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