https://www.taxtmi.com/highlights?id=88531 The notification amends tariff values for various goods, including edible oils, brass scrap, areca nuts, gold, and silver, effective 16 May 2025. The Central Board of Indirect Taxes & Customs exercises powers under section 14(2) of the Customs Act, 1962 to substitute Tables 1, 2, and 3 with updated tariff values. Key modifications include setting tariff values for crude palm oil at $987 per metric ton, brass scrap at $5,473 per metric ton, gold at $1,028 per 10 grams, silver at $1,065 per kilogram, and areca nuts at $6,970 per metric ton, maintaining consistent regulatory framework for customs valuation. en-us Mon, 19 May 2025 18:35:47 +0530 Mon, 19 May 2025 18:35:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=88531 The notification amends tariff values for various goods, including edible oils, brass scrap, areca nuts, gold, and silver, effective 16 May 2025. The Central Board of Indirect Taxes & Customs exercises powers under section 14(2) of the Customs Act, 1962 to substitute Tables 1, 2, and 3 with updated tariff values. Key modifications include setting tariff values for crude palm oil at $987 per metric ton, brass scrap at $5,473 per metric ton, gold at $1,028 per 10 grams, silver at $1,065 per kilogram, and areca nuts at $6,970 per metric ton, maintaining consistent regulatory framework for customs valuation. Highlights Customs Mon, 19 May 2025 18:35:47 +0530 https://www.taxtmi.com/highlights?id=88531