Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - 34/2025 - Customs

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<h1>Customs Tariff Update: New Valuation Rates for Edible Oils, Metals, and Nuts Effective May 16, 2025</h1> The notification amends customs tariff values for various goods including edible oils, brass scrap, areca nuts, gold, and silver. It specifies new tariff values per metric ton or per unit for items like crude palm oil, brass scrap, and precious metals. The changes are effective from May 16, 2025, and are issued by the Central Board of Indirect Taxes & Customs under the Customs Act, 1962, to adjust import duty calculations.

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