Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - 66/2024 - Customs

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<h1>Customs Act 1962: New Tariff Values Set for Edible Oils, Metals, and Nuts Effective October 16, 2024.</h1> The Central Board of Indirect Taxes and Customs has amended the tariff values for various goods under the Customs Act, 1962. Effective from October 16, 2024, the new tariff values are set for edible oils, brass scrap, areca nuts, gold, and silver. For example, crude palm oil is valued at $1008 per metric tonne, brass scrap at $5626 per metric tonne, gold at $855 per 10 grams, and silver at $1016 per kilogram. These changes update the previous notification issued on August 3, 2001, and the latest amendment from September 30, 2024.

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