CBIC updates Customs Tariff Rates of Gold, Silver and Oil [Read Notification]

The tariff rates of the oils were reduced for gold, silver and certain oils.

By Navasree A.M - On May 16, 2025 11:42 am - 2 mins read

Gold and silver - Customs Tariff - taxscan

The Central Board of Indirect Taxes & Customs ( CBIC ), under the Ministry of Finance, has issued notification no. 34/2025-CUSTOMS ( N.T. ) dated 15th May, 2025, amending the tariff value of crude palm oil, gold, silver, and areca nuts, effective from 16th May, 2025. The tariff rates of the oils were reduced compared…

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