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<h1>New Tariff Values Announced for Palm Oil, Soybean Oil, Brass, Gold, Silver, and Areca Nuts Effective Dec 30, 2023.</h1> The Central Board of Indirect Taxes and Customs has issued Notification No. 95/2023 on December 29, 2023, revising the tariff values for certain goods under the Customs Act, 1962. The updated tariff values are set for items including crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, gold, silver, and areca nuts. For example, crude palm oil is valued at $864 per metric tonne, while gold is set at $669 per 10 grams. These changes will take effect from December 30, 2023.