Tariff Value - Hike in Brass Scrap and Poppy Seeds; Marginal Change for Gold and Silver

By Vijay Kumar

GOVERNMENT has increased the tariff values of Brass Scrap (all grades) from USD 4214 to USD 44237 and increased the tariff value of poppy seeds from USD 2439 to 2853.

The Tariff Value of Gold is increased from 530 to 539 USD per 10 grams and the tariff value of silver is decreased from 1036 to 1032 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. 30/2012 - Cus.,(N.T.), Dated: March 30, 2012