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of <h1>India Revises Tariff Values for Oils, Metals, and Seeds Under Customs Act, 1962 to Match Market Conditions</h1> The Government of India, through the Ministry of Finance's Department of Revenue, has amended Notification No. 36/2001-Customs (N.T.) dated August 3, 2001. This amendment, effective March 1, 2013, revises the tariff values for various goods under the Customs Act, 1962. The updated tables include new tariff values for items such as crude palm oil, RBD palm oil, crude soyabean oil, brass scrap, poppy seeds, gold, and silver. The changes are intended to reflect current market conditions and ensure the appropriate valuation of these commodities for customs purposes.
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