TIOL-DDT 1806 · Thursday, 1 March 2012 · story 1 of 6

Tariff Value increased for Gold and Silver

GOVERNMENT has decreased the tariff values of Brass Scrap (all grades) from USD 4176 to USD 4143 and changed the tariff value of poppy seeds from USD 2439 to 2439. [Actually there is no change but the Government Notification says it is amended from 2439 to 2439!]

The Tariff Value of Gold is increased from 556 to 573 USD per 10 grams and the tariff value of silver is increased from 1067 to 1145 per kilogram. Tariff value was fixed for gold and silver only recently by Notification No. 2/2012-Cus(NT) dated 13th January 2012.

There is no change in the tariff value of other items.

Notification No. , Dated : February 29, 2012

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