Finance Ministry Revises Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts [Read Notification]

CBIC cuts silver import tariff to $983/kg in April 2025 update, while keeping gold, edible oils, brass scrap, and areca nut rates unchanged
Soya Bean Oil - Gold and Silver - Areca Nuts - taxscan

The Central Board of Indirect Taxes and Customs ( CBIC ) under the Ministry of Finance issued Notification No. 23/2025-Customs (N.T.), dated April 8, 2025, revising the tariff value tables for various imported goods under the Customs Act, 1962. This notification came into force on April 9, 2025, and replaces the values published just 11…

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