Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - 13/2025 - Customs

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<h1>Customs Act Update: New Tariff Values for Palm Oils, Brass, Gold, Silver Effective March 2025</h1> The Central Board of Indirect Taxes & Customs has amended the tariff values for various goods under the Customs Act, 1962, effective March 14, 2025. The updated tariff values are specified for goods such as crude palm oil, RBD palm oil, crude palmolein, RBD palmolein, crude soybean oil, brass scrap, gold, and silver. Crude palm oil is set at $1169 per metric tonne, brass scrap at $5438 per metric tonne, gold at $941 per 10 grams, and silver at $1067 per kilogram. The tariff for areca nuts remains unchanged at $8140 per metric tonne.

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