Tariff value fixation for edible oils, brass, areca nut, gold and silver updates customs valuation rules effective February first. The Central Board of Indirect Taxes & Customs, under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001-Customs (N.T.) by substituting revised TABLE-1, TABLE-2 and TABLE-3 to fix tariff values for specified edible oils, brass scrap, areca nut, and specified descriptions of gold and silver, with the amendment effective from 1 February 2025.
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Tariff value fixation for edible oils, brass, areca nut, gold and silver updates customs valuation rules effective February first.
The Central Board of Indirect Taxes & Customs, under section 14(2) of the Customs Act, 1962, amends Notification No. 36/2001-Customs (N.T.) by substituting revised TABLE-1, TABLE-2 and TABLE-3 to fix tariff values for specified edible oils, brass scrap, areca nut, and specified descriptions of gold and silver, with the amendment effective from 1 February 2025.
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