The Central Board of Indirect Taxes and Customs (CBIC) updated the tariff values of key imported goods including Edible Oils, Gold, Silver & Areca Nuts. The revised tariff values come into force from April 9, 2025.
Edible Oils and Brass Scrap (Tariff Value in USD per Metric Tonne)
- Crude Palm Oil: $1158 (No change)
- RBD Palm Oil: $1160 (No change)
- Crude Palmolein: $1174 (No change)
- RBD Palmolein: $1177 (No change)
- Soyabean Oil: $1064 (No change)
- Brass Scrap (all grades): $5698 (No change)
Gold and Silver (Tariff Value in USD)
- Gold (under Notification No. 50/2017-Customs): $984 per 10 grams (No change)
- Silver (under Notification No. 50/2017-Customs): $983 per kg (No change)
- Silver coins and medallions (not below 99.9%): $983 per kg (No change)
- Gold bars and coins (not below 99.5%): $984 per 10 grams (No change)
Areca Nuts (Tariff Value in USD per Metric Tonne)
- Areca nuts (HS Code 080280): $8140 (No change)
Read More: CBIC Constitutes 4 Interim Boards For Settlement Under Central Excise Act
