Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, ...

Tariff Values Revised for Key Commodities: Crude Palm Oil, RBD Palm Oil, Brass Scrap, Areca Nut, Gold, and Silver Updated.

April 17, 2024

Notifications     Customs

Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - The amendment Notification No. 29/2024-Customs (N.T.) updates the tariff values for commodities such as Crude Palm Oil, RBD Palm Oil, Crude Palmolein, and others, as well as precious metals like gold and silver. For example, the new tariff value for Crude Palm Oil is now set at $952 per metric tonne, an increase from the previous value. Such adjustments are crucial for calculating customs duties and have direct implications on the pricing and affordability of these commodities within the domestic market.

View Source