Fixation of Traiff Values - Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver etc, (including Crude Palm Oil, RBD Palm Oil, Others)
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Customs tariff valuation fixes import values for edible oils, metals and areca nuts using bill-of-entry exchange rates.
Tariff values are fixed for customs valuation of specified imported edible oils, brass scrap, gold, silver and areca nuts. Gold and silver values apply to specified forms and eligible imports, with stated exclusions for certain post, courier and baggage imports. Gold findings include small components used to secure jewellery. Foreign currency coins, silver jewellery and articles made of silver are excluded from "silver in any form". Tariff values must be converted using the applicable customs exchange rate determined on the bill-of-entry presentation date.