Tariff Value - Hike in Brass Scrap; Decrease for Gold and Silver
GOVERNMENT has increased the tariff values of Brass Scrap (all grades) from USD 4298 to USD 4362 and changed the tariff value of poppy seeds from USD 3680 to 3680. (No Change? But that is what the notification states!)
The Tariff Value of Gold is decreased from 541 to 507 USD per 10 grams and the tariff value of silver is decreased from 1011 to 920 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: May 15, 2012