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India Updates Tariff Values for Brass Scrap and Poppy Seeds; Palm and Soybean Oils Unchanged Under Customs Act 1962

The Government of India, through the Ministry of Finance, has issued Notification No. 141/2008-CUSTOMS (N.T.) dated 31st December 2008, amending the tariff values for certain goods under the Customs Act, 1962. The notification updates the tariff values for crude palm oil, RBD palm oil, other palm oils, crude palmolein, RBD palmolein, other palmolein, crude soybean oil, brass scrap, and poppy seeds. Notably, the tariff values for various palm oils and crude soybean oil remain unchanged, while the tariff values for brass scrap and poppy seeds are set at $3252 and $4238 per metric tonne, respectively.

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India Updates Tariff Values for Brass Scrap and Poppy Seeds; Palm and Soybean Oils Unchanged Under Customs Act 1962

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