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of <h1>Revised Tariff Values Announced for Edible Oils, Brass Scrap, Gold, Silver, and Areca Nuts Effective November 1, 2023.</h1> The Central Board of Indirect Taxes and Customs has amended the tariff values for certain goods under the Customs Act, 1962. Effective November 1, 2023, the revised tariff values are set for edible oils, brass scrap, gold, silver, and areca nuts. The new rates include $842 per metric tonne for crude palm oil, $956 for crude soybean oil, and $4,591 for brass scrap. Gold is valued at $643 per 10 grams, while silver is $749 per kilogram. These changes update the previous notification from August 3, 2001, and the last amendment from October 23, 2023.
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