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Informative

Finance Ministry Revises Customs Tariff Values for Palm Oil, Soya Bean Oil, Gold and Silver, and Areca Nuts

Update / Judgement Date

16 Mar 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Excise, VAT & CustomOther Legal Matters

The Finance Ministry has revised customs tariff values for palm oil, soya bean oil, gold, silver, and areca nuts. This action aims to adjust import duties to reflect market conditions. The move reflects the government's efforts to manage trade policies. The revision involves specific tariff adjustments.